qWERTY
New Member
Research on medical marijuana was among the casualties today as the Conservative government announced $2 billion in spending cuts and streamlining across all federal departments.
Finance Minister Jim Flaherty also announced that the government recorded a $13.2-billion surplus in the last fiscal year and that all the cash will go toward paying down the national debt.
The so-called expenditure review focused on areas where Prime Minister Stephen Harper's government did not see value for money.
Treasury Board President John Baird said the $2 billion is savings over two years come through cuts to unnecessary programs, streamlining of services, and by coming in under budget in a number of areas.
The cuts include the elimination of the $4-million medical marijuana research program and administrative savings of $5 million from status of women agency.
After the surplus is applied, the national debt will stand at $481.5 billion.
NewsHawk: _qWERTY - 420 Magazine
Source: Canada Online News
Pubdate: 25 September, 2006
Copyright: 2006 The Canadian Press
Contact: feedback@canada.com
Website: canada.com - Canadian news, entertainment, television, newspapers, free email and more
Finance Minister Jim Flaherty also announced that the government recorded a $13.2-billion surplus in the last fiscal year and that all the cash will go toward paying down the national debt.
The so-called expenditure review focused on areas where Prime Minister Stephen Harper's government did not see value for money.
Treasury Board President John Baird said the $2 billion is savings over two years come through cuts to unnecessary programs, streamlining of services, and by coming in under budget in a number of areas.
The cuts include the elimination of the $4-million medical marijuana research program and administrative savings of $5 million from status of women agency.
After the surplus is applied, the national debt will stand at $481.5 billion.
NewsHawk: _qWERTY - 420 Magazine
Source: Canada Online News
Pubdate: 25 September, 2006
Copyright: 2006 The Canadian Press
Contact: feedback@canada.com
Website: canada.com - Canadian news, entertainment, television, newspapers, free email and more