According to the Globe, Ottawa's long-awaited report on revamping the equalization program will recommend a cap be put on potential payouts to recipient provinces. The report's recommendations appear to be an effort at compromise, intended both to enrich the program and to ensure that Ontario and Alberta are treated fairly...
Yeah, whatever. Let's break this one down politically into small, easily digested pieces.
Tories are revisiting the equalization formula, addressing the "fiscal imbalance", because they see that the path to a majority government goes through Quebec. Hence they are looking to shovel money in the direction of Quebec. However, there are only two official "have" provinces in Canada that are in a position to provide that money, and one of them is the Tory stronghold of Alberta, where they threaten to leave Confederation whenever someone even looks funny at their huge piles of Petro $s. So, the mission is to payoff Quebec while keeping hands off Alberta's pile.
That leaves Ontario.
So if you see this guy hanging around your provincial capital over the next couple of months, he's our Premier and he's looking out for Ontario's interests. Be careful, he's more dangerous than he looks.