Key Issues for the Review of Equalization and Territorial Formula Financing

Table of Contents

1. Purpose
2. What are Equalization and Territorial Formula Financing (TFF)?
3. Why do we need Equalization and TFF?
4. From Broad Purpose to Program Objectives
5. Context for Review: The New Framework
   • The New Framework
   • Offshore Agreements with Newfoundland and Labrador and Nova Scotia
6. Issues for the Panel
   • Evolution of adequacy
   • Multiple Equalization standards
   • Revenue coverage
   • Expenditure need
   • Measuring revenue capacity
     1. Using the RTS
     2. Using aggregated or "macro" measures
   • Stability-predictability
   • Transparency and accountability
7. Summary of Panel's Mandate and Key Questions
8. Annex
   1. Terms of Reference
   2. How TFF works: a brief history
   3. Previous reviews of Equalization/TFF
9. Download PDF version

Last Updated: 2006-11-23		Important Notices