ISBN: 1896928005 9781896928005

Category: Unavailable

Page count: 118

From the Back Cover: Many myths have developed around federal transfer payments to Atlantic Canada and their impact on the regional economy. This book reveals some suprising facts. For the last 35 years, regional economic growth has consistently outpaced the rest of the nation, but large regional subsidies have slowed rather than boosted the region's growth. Gift Horse shows how these subsidies increased the unemployment gap between Atlantic Canada and the rest of the nation and reduced private sector investment in the region. Reductions in subsidies in recent years have been accompanied by renewed economic vigour in Atlantic Canada.