Canada | Budget | DND cuts account for one-fifth of federal budget cuts over next three years – Winnipeg Free Press

Roughly one-fifth of all federal cuts over the next three years will come out of the Defence Department, the budget tabled Thursday by Finance Minister Jim Flaherty indicates.

It is a substantial hit for a department that for many years saw generous increases under the Harper government and whose budget had approached $21.2 billion last year.

Headlines

• Upping retirement age will hurt provinces’ bottom line, analyst warns
• MPs trim own spending by 6.9 per cent in advance of austerity budget
• Federal budget to push employers to fill job vacancies locally, not from abroad
• Federal budget branding to emphasize ‘responsible’development of resources
• Under the plan tabled by Flaherty, a defence analyst estimates the overall defence budget will fall to “roughly $19 billion and change” by 2014-15.

via DND cuts account for one-fifth of federal budget cuts over next three years – Winnipeg Free Press.

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