释义 |
equalization payment in British English or equalization grant noun Canadian a financial grant made by the federal government to a poorer province in order to facilitate a level of services equal to that of a richer province Examples of 'equalization payment' in a sentenceequalization payment One year you get a huge sum in equalization payment, and the next it is cut back for no acceptable reason...Eight provinces, some poorer than others, are receiving equalization payments.The current deal ties equalization payments to economic growth.When a province enjoys a surge in revenues, it begins to lose equalization payments.That includes $28.6 billion in equalization payments, which the premiers said does not count.Quebec budgeted $5.3-billion in equalization payments for fiscal year 2001-2002 as part of total federal transfers that amount to $9.3-billion.It proudly contributed to the federal government, and thereby to other provinces that needed help through equalization payments.Only 70 per cent of their oil and gas revenues are included in the formula when calculating equalization payments. |