One of the guiding principles in Canada's system of "fiscal federalism" is that
A) each province is an independent fiscal entity.
B) only provinces that are "federalist" should receive fiscal assistance from the federal government.
C) individuals should have approximately the same access to public services, at broadly comparable tax rates, no matter where they live.
D) the true cost of provision of public goods to the various provinces of Canada should be recovered in tax revenue from the province receiving the benefit.
E) the tax base should be approximately equal in each of the provinces and territories.
Correct Answer:
Verified
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