Reconciling the Irreconcilable Addressing Canada’s Fiscal Imbalance

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Authors

Council of the Federation (Canada) Advisory Panel

Date

2006

Type

working paper

Language

en

Keyword

Fiscal Imbalance 2007

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Abstract

The Report addresses the three elements of the mandate we received from the Council of the Federation. Throughout, we have been guided by the premiers’ considered position that fiscal relations in this country need to be guided by clear principles of transparency, accountability, adequacy, predictability, equity, and fairness. We have examined the evolving position of the territories in Confederation. We have examined the evolving position of the territories in Confederation. We have discussed the nature, origins, and impact of fiscal imbalance, both horizontal and vertical, and have evaluated the policies that Canada has developed over the years to address them. We have reflected on how these issues are managed and negotiated, and we have concluded that improving the institutions and processes of fiscal governance is as important as fixing the substance of the fiscal arrangements themselves.

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Fiscal Federalism and the Future of Canada – Conference Proceedings, Sept 28-29

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Queen's University Institute of Intergovernmental Relations

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