Governments in Canada, at all levels, make considerable transfer payments to individuals and to businesses. This question will show you how significant these transfer payments are. Go to Statistics Canada's website (www.statcan.gc.ca), and answer the following questions.
a. For the years 2007-2009, what were the federal transfers for employment insurance benefits?
b. Were total government transfers to individuals growing faster or slower than GDP over these years?
c. For the years 2007-2009, what were total revenues for Canada's universities and colleges?
d. In part (c), how much of these revenues came as transfers from the federal and provincial governments?