New Brunswick’s share of the federal funding pool used to supplement tax revenues of Canada’s “have-not” provinces will exceed $3 billion in the coming year, and some premier say that’s too much.
Premiers at odds over whether federal program is too generous to poorer provinces
Robert Jones · CBC News
· Posted: Jan 13, 2025 5:00 AM EST | Last Updated: 2 hours ago
Ottawa will send New Brunswick $3.1 billion in equalization funding in the coming year to help it pay for public services. It’s the single largest revenue item in the provincial budget. (Christopher Pike/Reuters)
New Brunswick’s share of the federal funding pool used to supplement tax revenues of Canada’s “have-not” provinces will exceed $3 billion for the first time in the coming year.
And Premier Susan Holt says she will be vocal in any national debate on whether that allocation should be cut by a third or more and redistributed to other provinces.
“I don’t think it’s something to be ambivalent about,” Holt said in an interview about calls for major changes in the federal equalization program.
“We have some significant challenges and needs here, and I’m going to be fighting to make sure that we are getting every piece we are due.”
New Brunswick Premier Susan Holt said she will defend the current equalization system in any national debate about its future. » Read More
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