Completely absurd’ that BC is sending tax dollars to Ontario, David Eby says – Kamloops BC Now

Jul 16, 2024

British Columbia’s premier says he wants to support Newfoundland and Labrador’s plans to sue Ottawa over the federal equalization program, which transfers money from wealthier provinces to poorer ones, calling the current formula “completely absurd.”

David Eby told reporters Monday he hopes to have an announcement on the matter before the three-day Council of Federation meetings of Canada’s premiers in Halifax wraps up on Wednesday. The premier said British Columbia taxpayers are put at a disadvantage by the equalization formula, which is an attempt by Ottawa to reduce regional wealth disparities across the country.

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