EconPapers    
Economics at your fingertips  
 

Federal finance arrangements in Canada: the challenges of fiscal imbalance and natural resource rents

Marcelin Joanis and Francois Vaillancourt

Chapter 7 in Intergovernmental Transfers in Federations, 2020, pp 109-133 from Edward Elgar Publishing

Abstract: This chapter presents the key aspects of Canadian fiscal federalism with particular attention given to the treatment of natural resource rents. The case of Canada is of interest to scholars given that it is one of the oldest federations with important vertical and horizontal fiscal imbalance. The chapter is divided into three parts. The first one presents briefly the Canadian provinces in terms of their demography and economy. It then presents in some detail the key transfers in place. The second part presents the debate on fiscal imbalance that occurred in the first decade of this century. The third part focuses on three natural resource issues in Canada: the treatment of natural resource rents – earned (petroleum and gas) and dissipated (hydro rent) – in equalization; the debates around the building of pipelines; and the interaction between federal carbon taxation and provincial carbon policies (cap and trade, regulation, taxation).

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781789900842/9781789900842.00015.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:18949_7

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().

 
Page updated 2022-10-02
Handle: RePEc:elg:eechap:18949_7