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equalization payment

   Also found in: Wikipedia 0.01 sec.
equalization payment, grant
n
(Economics) Canadian a financial grant made by the federal government to a poorer province in order to facilitate a level of services equal to that of a richer province


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EAI's ratings reflect cost recovery mechanisms for fuel and purchased power and system equalization payments, adequate credit metrics for its current rating level, and a limited capital spending program.
The Locke Ajzenstat champions is not exactly the Locke championed by Thomas Flanagan, who used him to invalidate all First Nations land claims, or by Barry Cooper and David Bercuson to dismiss any special status for Quebec (Deconfederation: Canada without Quebec), the welfare state, equalization payments and First Nations land claims (Derailed: The Betrayal of the National Dream).
An added economic incentive for the State of Alaska is the potential for wood-fired facilities to reduce the Power Cost Equalization payments over the long term.
 
 
 
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