Today, the federal government announced how much each province and territory will get in transfer payments next year. All told, Ottawa will transfer $68 billion to provincial capitals in the fiscal year that ends March 31, 2016. As federal finance minister Joe Oliver said, for every dollar that Ottawa takes in, it sends 20 cents back out to the provinces and territories.
Drawing data from this table at the Department of Finance, we can break a few things down: Continue reading How to give away $68 billion: Ottawa cuts cheques to the provinces