Budget 2012 Trims Rather Than Hacks Spending

The Tories gave federal finances a haircut in Thursday’s budget, shaving just over half a percent off total program spending for the coming fiscal year.
Budget 2012 Trims Rather Than Hacks Spending
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<a><img class="size-medium wp-image-1781115" title="Jim Flaherty" src="https://www.theepochtimes.com/assets/uploads/2015/09/Flaherty.jpg" alt="Jim Flaherty" width="620" height="411"/></a>
Jim Flaherty

PARLIAMENT HILL, Ottawa—The Tories gave federal finances a haircut in Thursday’s budget, shaving just over half a percent off total program spending for the coming fiscal year.

While the specifics of those reductions won’t be known until departments release their budgets, the budget pledges that almost 70 percent of that $1.47 billion, or 0.6 percent reduction, will come from operating efficiencies in the back office, improving processes in human resources, accounting, and so on.

Travel expenses will also be reduced by making wider use of videoconferencing.

Matthew Little
Matthew Little
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Matthew Little is a senior editor with Epoch Health.
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