I'm trying to understand what EQ payment is. Could someone please explain it to me in simple terms? I want to know the basics of how it works and what it's typically used for.
6 answers
CharmedFantasy
Wed Nov 20 2024
An equalization payment represents a financial transfer from the federal government.
BonsaiBeauty
Wed Nov 20 2024
It is designed to address monetary imbalances.
AzureWave
Tue Nov 19 2024
These imbalances can exist between different states or provinces.
Andrea
Tue Nov 19 2024
They can also exist between individuals within a country.
Claudio
Tue Nov 19 2024
The primary objective of this payment is to ensure financial fairness.