In the tough times ahead, what is Trudeau prepared to cut?
There is simply no getting around the fact that significant spending cuts will need to be a major part of eventually getting the federal books back to balance
By Canadian Taxpayers Federation -- Aaron Wudrick, Federal Director—— Bio and Archives--August 26, 2020
Canadian News, Opinion | Comments | Back To Full Article
As Preston Manning used to say the last time the federal deficit was so big, when you’re in a hole the first thing to do is stop digging. Very soon now, the Trudeau government needs to put down its very large shovel.
Getting Canada’s $343 billion federal deficit under control will be a daunting task. Winding down emergency program spending represents the biggest chunk of money, but, at least in theory, it is also probably the easiest to do. Temporary measures justified because the economy was closed will no longer be necessary now that it’s reopening.
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