Equalization

  1. The Maverick Party supports scrapping the existing Equalization Formula.

  2. The Maverick Party will advocate for a fair equalization formula that would include (for example) provincial income revenue from renewable energy (e.g., Hydro Quebec) not just from non-renewable (oil), rather than abolishing the principle of prosperous provinces sharing with “have-not” provinces as enshrined in the current Constitution of Canada.

  3. The Maverick Party will strenuously advocate for the removal of current constraints on the Fiscal Stabilization Program that prevents Alberta from receiving billions of dollars in equalization rebates.