Old Hat (horse) of Flowers, and Venture were also competing. Among this company, she was voted Champion Female Handicap Horse by the Thoroughbred Racing Association in 1964, although the rival "Daily Racing Form" chose the three-year-old Tosmah. Old Hat won both awards in her best season, 1965, when she was six years old. Old Hat raced for six years, starting in 80 races. She won 35 times, placed 18 times, and came in third 9 times. All in all, she was in the money 62 times. Old Hat (horse) Old Hat (foaled in Kentucky in 1959), was an American Thoroughbred racing mare by
Equalization payments in Canada account by Ottawa. The originator of idea, American economist James M. Buchanan admitted that this idea had flaws and it had created a long-term effects in creating a culture of dependency on the part of the citizenry and their political leaders in provinces with relatively low fiscal capacities. Equalization payments in Canada In Canada, the federal government makes equalization payments to address fiscal disparities among Canadian provinces based on estimates of provinces' "fiscal capacity"—generate tax revenues. A province that does not receive equalization payments is often referred to as a "have province", while one that does is called a "have