Equalization Payments
*In 1935 people were fed up with Bennett and returned WLM king to power as P.M.
*He finally established the National Employment Commission and found that unemployment was a problem
*He created Rowell-Sirois Commission to study federal-provincial relations
* Out of this came equalization payments
*It gave feds more control over taxation and gave extra money to provinces who were in greater need
*Wealthier provinces did not like this
*He finally established the National Employment Commission and found that unemployment was a problem
*He created Rowell-Sirois Commission to study federal-provincial relations
* Out of this came equalization payments
*It gave feds more control over taxation and gave extra money to provinces who were in greater need
*Wealthier provinces did not like this
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Summary
Equalization payments were put into place to help Canada with their current money crisis, it works by the government adding extra taxes to the bigger provinces and then giving that money to the smaller ones like newfoundland so that in the end they all have enough money to cover all the costs of the province.