What Is the Essence of the Equalization Principle Enshrined in the Constitution

What is the essence of the equalization principle enshrined in the Constitution Act, 1982?

A) the federal government can spend on anything it wants, regardless of jurisdiction
B) all provincial governments should be able to provide similar levels of public service without resorting to dramatically higher taxes than their neighbours
C) when a provincial government falls upon hard times, other provincial governments should contribute funds directly to their recovery
D) individual Canadians should be protected from undue hardship as the result of losing a job