Mr. Speaker, the third and final petition is on behalf of folks in my home province of Alberta who are deeply concerned about the existing equalization formula of the fiscal stabilization program, which has not been changed in many years and has a cap of $170 per person. They are very concerned that the fiscal shock of the drop in oil price in 2014 has not been reflected in the economic formula and that the equalization unfairly disadvantages folks from Alberta.
In the House of Commons on June 7th, 2021. See this statement in context.