Some people believe that Québec owes Canadians and a quick look will lead most to agree. With 23% of the Canadian population, the province receives 55% of the country's equalization payments and offers social programs that are unaccessible to other Canadians.
Still, a closer look reveals that transfers (including equalization) from Ottawa only account for 25% of the province's revenues. In comparison, Ontario receives 22% of its revenues from Ottawa. Some people will maintain that a 3% difference is enough to label Québec a parasite. In reality, if Ontario were to get that same percentage (25%), the additional amount would come to $3B. Sounds like a lot?... well... that's what Queen's Park spends in nine days.
Other provinces are more dependent on federal transfers than Québec. Manitoba and Nova Scotia receive 36%; New Brunswick, 37%; Price Edward Island, 43%. Newfoundland and Labrador once received more than 50% of its revenues from Ottawa. Today, it's at 23%, the Canadian average.
The Québécois aren't living at the expense of other provinces. If they have more generous social programs, it's because they pay higher taxes... and because they are more in debt...
Click here [Google translation] for the whole story.