Independence - Part 2

So what of the new nations?

I've worked out some time ago how federal revenue and federal expenditure break down by province.

I've updated it to be accurate for the present. It presumes that, right now, we have $282 billion, federally, in revenue, and $282 billion, federally, in spending.

The contributing provinces are...

Alberta.
$1.63 (sends this much for every dollar it gets back)
$39.22 [billion] (revenue to the federal government)
$24.10 (spending from the federal government in alberta)


Ontario
$1.19
$118.15
$99.05


British Columbia
$1.03
$32.65
$31.66


Saskatchewan
$1.00
$9.35
$9.34


Quebec
$0.81 (sorry folks, not as low as many think!)
$56.68
$69.75


Manitoba
$0.67
$9.09
$13.48


Newfoundland
$0.61
$3.47
$5.72


New Brunswick
$0.51
$4.66
$9.19


Nova Scotia
$0.50
$6.22
$12.46 (so high, in part, due to military expenditure, navy in particular)


Prince Edward Island
$0.47 (ouch, less than half!)
$0.96
$2.04


Northwest Territories
$0.46
$0.84
$1.84


Yukon
$0.34
$0.48
$1.43


Nunavut
$0.12
$0.24
$1.94

So, what of our nations? How do they balance?

Western Canada
$1.10
$91.87
$83.79

Canada
$0.96
$190.14
$198.21

Canada's deficit would be small enough that it can be eliminated by fiscal restraint and growth. Western Canada, however, would have a very nice and healthy surplus. So much so that they could eliminate the entire GST and only end up with a deficit of 2 billion, something that growth could easily handle, especially if an entire tax were eliminated like that. This is, very likely, what they would do.

How about people?

Western Canada
BC - 41.3% - 4,582,000
AB - 36.3% - 4,025,100
MB - 11.4% - 1,265,000
SK - 10.0% - 1,108,300
NT - 00.4% - 43,500
YK - 00.3% - 36,700
NU - 00.3% - 35,600
TOTAL POP - 11,096,200

Canada
ON - 56.3% - 13,538,000
QC - 33.9% - 8,155,300
NS - 3.9% - 940,800
NB - 3.1% - 756,100
NL - 2.2% - 526,700
PE - 0.6% - 145,200
TOTAL POP - 24,062,100

So this gives us an idea of what these nations would look like, but how would they function? Find out in part 3, which will be posted very shortly.