this post was submitted on 07 Jul 2025
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Cabinet ministers told to find ‘ambitious’ savings by end of summer (www.theglobeandmail.com)
submitted 2 days ago by [email protected] to c/canada
16 comments fedilink hide all child comments
 

Federal cabinet ministers are being asked to find ... ways to reduce program spending by 7.5 per cent in the fiscal year that begins April 1, 2026, followed by 10 per cent in savings the next year and 15 per cent in the 2028-29 fiscal year.

I'm getting 90s vibes. Government cutbacks, threats of separation, climate change. It's all here.

But there's a modern twist: we're talking about 3C change in 2100, there's a housing crisis, our media landscape is dominated by tech bros, and the US is lost in the culture wars.

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[–] [email protected] 27 points 2 days ago (9 children)

That's what many of his left-leaning detractors have said. Unsurprisingly, the central banker is a dyed in the wool neoliberal who wants to trim government spending while shoveling money towards the private sector to grow the economy. Maybe wealth will finally trickle down this time. 😅

[–] grte 15 points 2 days ago (7 children)

The annoying thing is that for a lot of his voters it seems like his decisions have been surprising. I'm seeing a lot of, "trust the plan," sort of comments elsewhere like this is all leading to some bait-and-switch social democratic turn. I think the Liberal campaign didn't focus on his fiscal orthodoxy and a lot of people just projected whatever they wanted him to be onto him.

[–] karlhungus 25 points 2 days ago (5 children)

I think people didn't vote for Carny as much as against PP. It's a bit sad that he is following the old playbook.

[–] [email protected] 9 points 2 days ago

That's been the LPC strategy since the early 2000s. It works.

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