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  1. equalization payment

    • n.
      (in Canada) an unconditional transfer of funds by the federal government to a province with below-average revenue per capita, intended to ensure that all provincial governments provide comparable levels of service and taxation
    • noun: equalization payment, plural noun: equalization payments

    • 釋義

    名詞

    • 1. (in Canada) an unconditional transfer of funds by the federal government to a province with below-average revenue per capita, intended to ensure that all provincial governments provide comparable levels of service and taxation equalization payments to Ontario will rise to $2.4 billion