Equalization Payments Aren't To Blame For Quebec's Low Productivity: Expert

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Equalization Payments Aren't To Blame For Quebec's Low Productivity: Expert
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'If we don't want to help each other out, then why should we stay together?'

MONTREAL — Despite low unemployment and a strong economy, Quebec continues to have problems generating wealth and its citizens have less money to save and spend compared with Canadians in every other province, says a new report by Universite de Montreal's business school.

Quebec needs to better educate its workforce, stimulate private investment and encourage innovation to catch up with the rest of the country, Gagne said in an interview. Just don't tell that to Gagne."I don't know anyone who says, 'I won't make an effort, because either way, we'll get equalization.' It's not true," he said in an interview.

I don't know anyone who says, 'I won't make an effort, because either way, we'll get equalization.' It's not true.One of the main policy proposals of Quebec MP Maxime Bernier, leader of the People's Party of Canada, is to make equalization"less generous." He argues Quebec refuses to develop its oil and shale gas potential and to take other measures to increase productivity because it can count on equalization.

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