Provinces
% of budget from Royalties
NL - 33.74%
SK - 27.88%
AB - 27.81%
BC - 6.93%
NB - 1.52%
NS - 1.24%
QC - 0.58%
MB - 0.26%
ON - 0.21%
PE - 0.02%
*QC - 4.71% (if Hydro revenues are counted as a royalty)
% of budget from Equlization
PE - 22.32%
NB - 19.93%
MB - 16.78%
NS - 15.12%
QC - 12.19%
ON - 3.23%
Months to pay off debt (IE if all revenue were dumped into debt repayment, how long would it take)
ON - 23
QC - 21
NS - 17
NL - 15
MB - 14
NB - 14
PE - 13
BC - 9
SK - 4
AB - (6) [AB could operate for 6 months without any revenue by dipping into it's savings account]
Interest on debt as % of the budget
QC - 11.61%
NS - 9.49%
NB - 8.20%
ON - 8.08%
PE - 6.49%
BC - 5.74%
NL - 5.59%
SK - 3.57%
MB - 2.21%
AB - 1.29% (one would presume AB has a net not gross surplus account)
Interest on debt as a % of royalty payments
PE - 36,666%
ON - 4,103%
QC - 2,129%
MB - 889%
NS - 804%
NB - 550%
BC - 84.26%
NL - 16.28%
SK - 12.71%
AB - 4.74%
Provinces that have over 2% of revenue from Royalties that collect Equilization
None
Provinces that have over 2% of revenue from Royalties that have a deficit of over 2.5% (compared to total revenue)
None
Provinces that have under 2% of revnue from Royalties that have a deficit of under 2.5%
None
List of provinces that collect over 5% of their total revenue from Royalties:
BC, AB, SK, NL
List of "have" provinces
BC, AB, SK, NL
List of provinces that collect under 2% of their total revenue from Royalties
MB, ON, QC, NB, NS, PE
List of "have not" provinces
MB, ON, QC, NB, NS, PE
I'd like to spark a discussion as to how the have-not provinces can become have provinces without royalties.
