Fiscal Federalism and Equalization Policy in Canada is a concise book that aims to increase public understanding of equalization and fiscal federalism. The authors provide a brief history of the equalization program, a discussion of key economic debates, an analysis of the politics of equalization as witnessed over the last decade, and an exploration of the relationship between equalization and other components of fiscal federalism, particularly the Canada Health Transfer and the Canada Social Transfer. The authors draw from the best scholarship available in the fields of economics, economic history, political science, public policy, and political sociology.