News study shows Transfer payments from Alberta are unfair

A new study by the Fraser Institute shows transfer payments from Alberta to the Federal Government is unfair.

The study shows Alberta sent $221.4 billion more in revenue than it received in federal transfer payments and other services from 2007 to 2015.

The report said that of the $158.3 billion paid out in equalization payments from 2008/09 to 2017/18, roughly $28.1 billion came from Alberta.

It said none of that money has flowed back into Alberta. And it said the province continues to “contribute disproportionately” despite its recent economic woes.

Equalization payments are intended to make it so that provinces can provide comparable services at reasonably comparable rates of taxation. (Global News)

Neither Justin Trudeau or Rachel Notley commented on this as of yet, they both agree it’s fair.