Friday, June 09, 2006

British Columbia Real Estate Boom Could Cost Us

OTTAWA -- British Columbia would be punished for its high property values with a reduction of hundreds of millions of dollars in transfer payments if a federal panel's recommendations on the equalization program are implemented.

The recommendations would result in Quebec getting a $1.5-billion-plus annual windfall while B.C. would get nothing from the wealth-sharing equalization program.

Sounds like Western alienation.
Get the rest of the story from Peter O'Neil and The Vancouver Sun

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