Fair enough.
Jay Goldberg from the Canadian Taxpayers Federation told this committee that equalization formula changes, such as reducing resources revenues to 50%, have punished resource-heavy provinces such as Alberta, Saskatchewan or Newfoundland and Labrador, and has disincentivized other provinces from developing resources.
If there isn't new resource development in the so-called have-not provinces, how does this affect the sustainability of equalization and the current fiscal federalism model?