Good!! Hopefully there will be substantial cuts to the CBC. I will congratulate HMMinister Clement , when I see him later this week.
The federal government is accelerating and deepening its plans to eliminate the deficit despite slow growth projections and a lacklustre job market.
Several major government departments have been asked to come up with a plan to cut spending by 10 per cent over the next two fiscal years — that is, by the end of 2013-14 — CBC News has learned.
That's a change from last year's budget, in which the government promised to find savings of five per cent in annual program spending by the end of 2014-15.
To achieve that, the government had originally asked all federal departments to find between five and 10 per cent worth of savings over three years.
Now senior government sources say the overall cut to program spending at the three-year mark will be higher: about 7.5 per cent of current spending levels.
Several major departments have been asked to participate in the accelerated cuts, including Public Works, National Defence, Foreign Affairs and CSIS.