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The $25 Billion Bribe How Equalization is Tearing Canada Apart
30 days ago
39
One part of Canada pays the bills. The other part spends the money.
A viewer asked for a deep dive into "Equalization"—the complex formula that moves billions of dollars from "Have" provinces to "Have-Not" provinces. It sounds boring. It is actually the most explosive issue in the country.
For decades, Alberta and the West have subsidized the rest of the federation, contributing over $600 Billion net. Meanwhile, provinces that block resource development continue to cash the checks.
In this video, Hoch performs a forensic audit on the Equalization formula. We look at the "Clawback Trap" that kills innovation, the "Hydro Loophole" that favors Quebec, and why the system is destined to break when the oil money runs out.
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