Walk a Kb or Two in my Moccasins- Nobody 'splained it to me like that!

Simple answers to Complex Questions and Complex Answers to Simple Questions. In real life, I'm a Greater-Toronto (Canada) Realtor with RE/MAX Hallmark Realty Ltd, Brokerage. I first joined RE/MAX in 1983 and was first Registered to Trade in Real Estate in Ontario in 1974. Formerly known as "Two-Finger Ramblings of a Forensic Acuitant turned Community Synthesizer"

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Friday, August 14, 2009

Urban-Rural Disparities ..... "Equalization" by function

Fri, Aug 14, 2009 at 8:27 AM
To: cmuir@bcrea.bc.ca


Mr Muir,

re: BC Housing Market Exhibits Balanced Conditions -Regional Differences Persist

Hooray for the return to overall "balanced" conditions.

This urban -rural disparity embodies the conundrum of 21st Century Canada - people don't live in provinces, they live in and around cities.

The rich cities, subsidize the rural and then the rich provinces subsidize the poor ones.

What would Canada be if the 5-10 largest "urban-ities" were granted provincial status and told to tax & spend for their own constituents' needs - with no equalization in or out, while the rest of the country took care of itself fiscally but controlled the natural resource revenue?


Regards

rce

PS Remember the story about the economist with his/her feet in the freezer and her/his head in the oven? ... on average felt "fine"

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