Prime Minister Stephen Harper is poised to present a solution to the so-called fiscal imbalance between the federal government and the provinces, the French-language network of the CBC reported Monday.
The plan will be part of the next federal budget, which will be tabled toward the end of March, which is later than usual, Radio-Canada said. The TV network later reported the budget would be tabled March 20.
The proposal would exempt 50 per cent of revenues from natural resources rather than the 100 per cent previously promised to Saskatchewan, Radio-Canada said.
Under the proposed plan, Quebec would get a total of $7 billion instead of the $5.5 billion in transfers it now gets.
Saskatchewan would get only $200 million instead of the $800 million it is awaiting.
Harper would be accepting the recommendations of a report ordered by the federal government last year which suggested that half the revenues of the provinces drawn from natural resources be included in the calculation of equalization payments. Source...