Quebec receives the most equalization money.
Claimed by: Commonly stated by Alberta independence advocates
Needs context: Accurate as written, but a key piece of context changes how it reads. How we rate.
Summary
In total dollars this is true: Quebec is the largest recipient of equalization, taking roughly half of the national total, because it is by far the most populous receiving province. Per person, several smaller provinces such as Prince Edward Island, Manitoba, and the Atlantic provinces receive more than Quebec. So the headline figure is accurate, while the per-capita picture is more even than the raw total suggests.
Evidence
Equalization is paid from federal general revenue to lower-fiscal-capacity provinces; Quebec, as the largest receiving province, receives the biggest total allocation.
Per capita, smaller recipients such as P.E.I., Manitoba, and the Atlantic provinces receive larger equalization payments per resident than Quebec does.