Funding of Canadian Provinces, Mechanisms and Solidarity

Canada is a federal state made up of thirteen entities, ten Provinces and three Territories. This article focuses on the funding mechanisms of the ten Provinces which induce solidarity in favor of some of them. The aim of this article is thus to describe the funding mechanisms of the Canadian Provin...

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Bibliographic Details
Published in:Advances in management and applied economics 2014-11, Vol.4 (6), p.29
Main Author: Vandernoot, Julien
Format: Article
Language:English
Subjects:
Federalism
Funding
Natural resources
Personal income
Property taxes
Provinces
State court decisions
Studies
Tax rates
Taxation
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Summary:Canada is a federal state made up of thirteen entities, ten Provinces and three Territories. This article focuses on the funding mechanisms of the ten Provinces which induce solidarity in favor of some of them. The aim of this article is thus to describe the funding mechanisms of the Canadian Provinces and to measure the solidarity, based on the rules and formula provided by the Canadian law and on calculations for the year 2009-2010. This article underlines the redistributive character of the Canadian system and reveals in some cases a paradox of revenues, leading some poor provinces becoming wealthier than others which were initially wealthier.
ISSN:1792-7544
1792-7552