Equalization Program

Chart 1
Equalization helps provinces with below average fiscal capacity 2021-22*
Chart 1: Equalization helps provinces with below average fiscal capacity 
2021-22*

* The Equalization formula operates with a 2-year data lag and a 3-year weighted moving average. Note: small variations in post-Equalization fiscal capacity of receiving provinces reflect the partial exclusion of natural resource revenues in the formula. Source: Finance Canada

Text version
  NL PE NS NB QC ON MB SK AB BC
Non-resource fiscal capacity 8493.671 6681.721 7354.817 6823.368 8050.97 10105.07 7757.941 9001.513 11335.23 10708.38
Natural resource fiscal capacity 2167.418 1.50341 107.4574 99.12113 417.8988 17.43268 108.1087 1471.618 1405.741 493.547
Equalization payment 0 3136.28 2410.207 2945.824 1558.833 0 2006.757 0 0 0

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