Equalization payments are cash payments made in some federal systems of government from the federal government to subnational governments with the objective of offsetting differences in available revenue or in the cost of providing services. Many federations use fiscal equalisation to reduce the inequalities in the fiscal capacities of sub-national governments arising from the differences in their geography, demography, natural endowments and economies. The level of equalisation sought can vary, however.
The payments are generally calculated based on the magnitude of the subnational "fiscal gap": essentially the difference between fiscal need and fiscal capacity. Fiscal capacity and fiscal need are not equivalent to measures of fiscal revenue and expenditure, as making them so would induce perverse incentives to subnational governments to reduce fiscal effort.
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Equalizationpayments are cash payments made in some federal systems of government from the federal government to subnational governments with the objective...
In Canada, the federal government makes equalizationpayments to provincial governments of lesser fiscal capacity so that "reasonably comparable" levels...
EqualizationPayments in Switzerland are mechanisms to redistribute financial resources both between the Confederation and cantons, and between cantons...
records Factor price equalizationEqualizationpaymentsEqualization pool Property tax equalization Risk equalization Tax equalization of wages across countries...
health and education. Transfers include explicit programs such as equalizationpayments, Canada Health Transfer (CHT) and the Canada Social Transfer (CST)...
referendum was held in Alberta, Canada on two questions, whether equalizationpayments should be eliminated from the Constitution of Canada, and whether...
was finalized in November 2019, and Dillon was ordered to make equalizationpayments to Stuart totaling $1,705,594 and an additional $242,411 for her...
Canada redistributes some of its revenues through unconditional equalizationpayments and finances the delivery of comparable levels of government services...
the need for equalization grants. Prominent among the objectives commonly attributed to intergovernmental fiscal transfers is ‘equalization’ of fiscal capacities...
The Equalizer 3 is a 2023 American vigilante action film directed by Antoine Fuqua. It is a sequel to The Equalizer 2 and the third and final installment...
and the politics of equalization". Policy Options. Retrieved September 7, 2022. Orr, Ron (June 16, 2021). "MLA Ron Orr: Equalization is fundamentally unfair...
the provinces collect more revenue than the federal government, equalizationpayments are made by the federal government to ensure reasonably uniform...
through the CHST and its successors is used to fund them. But unlike equalizationpayments, which provinces can spend on anything, money distributed through...
increasingly expensive. The Commission recommended the creation of equalizationpayments, which were eventually implemented in 1957. After Canada joined...
ADBI Working Paper No 125. Lee Greenberg (20 July 2011). "Growing EqualizationPayments to Ontario Threaten Country". National Post. Michel Beine; Charles...
Canada Assistance Plan at 5% for provinces who did not receive equalizationpayments for 1990-91 and 1991-92 fiscal years. That decision was incorporated...
promise by Conservative prime minister Stephen Harper regarding equalizationpayments to the province. The campaign was considered a success as all federal...
imbalances whereby Alberta is a net over-contributor to the system of equalizationpayments in Canada. Furthermore, the majority of Alberta's trade flows north–south...
"The Interest Equalization Act of 1963". US Congress. Retrieved 27 February 2011. Joint Committee on Taxation. "The Interest Equalization Act of 1963"...
Rowell-Sirois Commission for its stance on unemployment insurance and equalizationpayments. Another reason Duplessis won the election was by appealing to anti-Semitic...
state in Canada since the 1950s, resulting in the need to draw upon equalizationpayments to provide nationally mandated social services. Since the 1990s...
the Supreme Court of Canada established that under current laws "equalizationpayments agreed to as part of a divorce are considered debts, and are wiped...
process known as risk equalization. Examples include mandatory health insurance and grower co-operatives. In health insurance, equalization pools are used in...
corporate and capital gains taxes), equalizationpayments, transfer payments from other provinces, and direct payments. By some measures Quebec residents...
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