Mr. Speaker, for months the finance minister has told Canadians, “no province will be worse off in Canada as a result of the new equalization scheme”.
A study released today by the Atlantic Provinces Economic Council proves that the government is wrong. Nova Scotia and Newfoundland and Labrador will lose $1.4 billion. New Brunswick and Prince Edward Island will also lose under this formula.
When will the Prime Minister and his Minister of Finance finally stop misleading Canadians?