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词汇 equalization payment
释义

Definition of equalization payment in English:

equalization payment

(also equalization grant)
noun

  • (in Canada) an unconditional transfer of funds by the federal government to a province with below-average revenue per capita, intended to ensure that all provincial governments provide comparable levels of service and taxation.

    equalization payments to Ontario will rise to $2.4 billion

Definition of equalization payment in US English:

equalization payment

(also equalization grant)
noun

  • (in Canada) an unconditional transfer of funds by the federal government to a province with below-average revenue per capita, intended to ensure that all provincial governments provide comparable levels of service and taxation.

    equalization payments to Ontario will rise to $2.4 billion
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