Only to the extent that the 13% rate in Ontario comprises the 8% rate that's provincial and the 5% federal rate. Certainly the 5% federal rate does not factor into fiscal capacity.
On April 27th, 2010. See this statement in context.
On April 27th, 2010. See this statement in context.
April 27th, 2010 / 11:45 a.m.
Chief, Equalization and Policy Development, Department of Finance
Only to the extent that the 13% rate in Ontario comprises the 8% rate that's provincial and the 5% federal rate. Certainly the 5% federal rate does not factor into fiscal capacity.
See context to find out what was said next.