If You Tax & Spend It: They Will Come

Federal Support to Provinces and Territories

In 2010-11, provinces and territories will receive $65 billion through major transfers (Canada Health Transfer, Canada Social Transfer, Equalization and Territorial Formula Financing), direct targeted support and trust funds – an increase of $976 million from the previous year.

Major Transfers

In 2009-10, provinces and territories received $53 billion in major transfers – an increase of $13.1 billion since 2005-06. These transfers were estimated to account for about 19 % of provincial and territorial revenues in that year.

Direct Targeted Support

Provinces and territories also benefit from significant investments in targeted areas such as labour market training, infrastructure and short-term policy priorities.Department of Finance

 

I have NOT graphed, highlighted any program or detail in spending. It is available on the website. In my recent drives from Toronto to Oakville via the 401, 403, QEW the amount of signs popping up for the beginning of the "construction" season makes me cringe in traffic jams!

The Economic Action Plan Website.

We have seen our opposition parties complain about our deficit in 2008 and within the same breath demand more spending. The opposition are upset the government has leaked no big changes planned for the budget in March 2010. EAP was a major shift to produce the largest deficit budget ever created in partnership with the Provinces and G20 to help us through this Global Recession. In the plan, the tap has not been shut off for stimulus until the recovery is well underway. 

Our opposition parties have suggested we have a "do-nothing" budget, will they introduce their alternatives to EAP in parliament? What specific program is underfunded and needs more Federal Support.

or 

Will the opposition champion the pensions of our Public Unions, we fund abortion in the third world as their priorities?  What is in the Field of Dreams for the opposition parties for Federal Spending in March 2010?

 Empty Suits - Reuters Photo Credit Ognen Teofilovski