March 23, 2007

How Fiscal Imbalance Money will be Spent

From my friends over at the PLQ, numbers which show that the Liberals did more to fix the fiscal imbalance than Stephen Harper (we all knew that, but denying the problem doesn’t help). It also shows that not ALL money is going to cut taxes.

How Will the 2.3 billion Dollars Be distributed?

Equalization Paul Martin: + 916 million $ (included in Audet budget)

Equalization Stephen Harper : + 700 million $ (Tax Cuts)

Health : + 252 million $

Education : + 119 million $

Infrastructure : + 205 million $

Environment : + 117 million $ (possibility of 350 millions $)

_____________

+ 2,309 billion $

So everybody chill out, and cheer for our boy Jean Charest this weekend.

Why?

Because André Boisclair is a separatist and Mario Dumont is crazy.

Now that I think of it, this is the same reason I voted for Paul Martin…

11 Commentaires:

Blogger whyshouldIsellyourwheat a dit...

The Martin equalization formula was ad hoc and totally arbitrary and depended on the whim of the Prime Minister. It was based on nothing.

The new formula implemented by Harper is the O'Brien principle-and-rules base formula for equalization which moves to a 10-province standard and includes Alberta's oil revenues. The O'Brien formula was proposed by the non-partisan expert commission created by Ralph Goodale.

If you were a province, do you want to rely on the whim of the Prime Minister for your equalization, or do you want to rely on a rules based formula proposed by a non-partisan expert commission (created by a Liberal finance minister).

3/23/2007 12:53 PM  
Blogger Antonio a dit...

I agree.

However, not all money was equalization money, some came from the health accord signed with the provinces as well...

3/23/2007 1:28 PM  
Blogger Jacques Quenouilles and friends a dit...

we can all agree that charest did an honest job for what he promissed and an excellent job for quebec's finance condition.

3/23/2007 2:19 PM  
Blogger fidel a dit...

at least you are abiding by an policy of some kind of honesty.

3/23/2007 2:59 PM  
Blogger KC a dit...

This comment has been removed by the author.

3/23/2007 3:20 PM  
Blogger KC a dit...

Obviously no one wants the separatists to win, but if you expect the rest of Canada to care as between Dumont and Charest a little help preventing the federal "crazies" from getting a majority would be nice.

3/23/2007 3:30 PM  
Blogger WestmountLiberal a dit...

So of the $1.3 billion let's see where the priorities lie..
1. tax cut - 50%
2. health - 18%
3. infrastructure - 15%
4. education - 9%
5. environment - 8%

Such a waste given that not a single voter in the province believes that Charest will actually deliver on the tax cut.

If the PLQ win, it will be by the skin of their ass.

Hope for a South Shore miracle Antonio - you may want to postpone your trip to Ottawa...it could be a long night.

3/23/2007 6:00 PM  
Blogger Chuckercanuck a dit...

"Hope for a South Shore miracle"

translation: ADQ breakthrough. Agreed, that would be wonderful.

Hey, the best line of all James Brown lyrics:

"I don't know karate, but I know krazy!"

3/23/2007 11:34 PM  
Blogger Steve V a dit...

Most of the funding you cited was directed, meaning the Quebec government had no choice where to spend it. The point remains, Charest blew every nickle he could on a taxcut.

3/24/2007 9:29 AM  
Blogger Antonio a dit...

did i not list 2.3 billion, not 1.3 billion...

right now they are hiring more doctors and nurses, we should know by now throwing money at the problem doesnt always solve anything.

Look, is it the most PC move? I dont think so. I still think he is justified in doing it and it does NOT negate the fiscal imbalance argument.

and westmount Liberal...dont give yourself away, not many people know where I am going monday night...if you like your secrecy maintained...i suggest no obvious hints like that...

3/24/2007 10:15 AM  
Blogger Glen a dit...

Clearly there's a fiscal imbalance - how else would Quebec be able to afford such a large tax cut now?

3/24/2007 8:15 PM  

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