Tuesday, January 17, 2006

The Globe and Mail: Conservative fiscal plan incompetent, Martin says

The Globe and Mail: Conservative fiscal plan incompetent, Martin says: "A Conservative government would restrict annual spending growth in federal departments and agencies to rates necessary to account for Canada's population growth and inflation: about 2 to 3 per cent annually. The Tories estimate this would free up $9.7-billion over five years. Two departments would be exempted, they say: Indian Affairs and National Defence.
A Harper government would also slow planned growth in federal subsidies and other transfers, including Industry Canada aid to business and Human Resources and Skills Development grants. The Tories expect to save $12.8-billion over five years there, saying actions would not affect currently projected growth rates for transfers to people such as benefits to the elderly and employment insurance, or transfers to other levels of government for health, social programs, equalization or infrastructure."

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