HALIFAX—Canada’s equalization program discourages natural resource development in “have-not” provinces, including all three Maritime provinces, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Many problems exist within Canada’s equalization program, including how it actually discourages natural resource development in have-not provinces,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of Measuring the Equalization Clawback on Natural Resource Revenue in Have-Not Provinces.
