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equalization payment N ACCOUNT

Specialized Vocabulary

equalization payment N INV-FIN

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
In 2009-2010, six provinces received $14.2 billion in equalization payments from the federal government.
en.wikipedia.org
The current equalization program calculates 50 per cent of a province's natural resource revenues in determining its revenue-generating ability -- or "fiscal capacity" -- and whether it deserves an annual equalization payment.
o.canada.com
Federal equalization payments account for $1.385 billion, or 20.07% of the provincial revenue.
en.wikipedia.org
Subsection 2 goes further in recognizing a principle that the federal government should ensure equalization payments.
en.wikipedia.org
So, for example, if a province's economy booms and the provincial government's potential income tax revenues increase, equalization payments decrease.
en.wikipedia.org
This would have promoted equal opportunities, reduce disparities and maintain equalization payments.
en.wikipedia.org
He's also considered one of the architects of what became the modern federal equalization payment system, in which the federal government shares revenue with the provinces.
www.winnipegfreepress.com
Normally, under the equalization scheme, equalization payments go down for every dollar increase in a province's ability to raise taxes.
en.wikipedia.org
The government should control all unemployment insurance programs, assume all provincial debts, collect all income taxes, and make equalization payments to needy provinces.
en.wikipedia.org
The equalization payment must be dealt with first as a claim against or in favour of the estate.
en.wikipedia.org

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