Prime Minister Justin Trudeau’s government unveiled details of its plan to tighten government spending Thursday — and not all departments are feeling the same impacts.

    • Fogle@lemmy.ca
      0·
      11 months ago

      Better yet seize air Canada back and take the telecom towers we paid to build

      • MrFlagg@lemmy.ca
        0·
        11 months ago

        can you please flesh out what you mean by “nationalize” did you plan on paying people for what they have invested in these industries or just taking it away from them?

          • frostbiker@lemmy.ca
            0·
            11 months ago

            This has been done in the past in other countries. Multiple times. What were the consequences? Is that what you want to happen in Canada?

            Learn from history, people.

        • twopi@lemmy.ca
          0·
          11 months ago

          Simple. Just make the board of directors be made of people who are pro nationalization then direct them to sell the company to the citizenry for pennies on the dollar.

          Just like what Royal Mail did. The tory government sold it during a strike thereby selling it at a much lower value.

          So as follows:

          1. Make the board of directors of a corporation out of people that are pro nationalization (rig shareholder elections if you need to)
          2. Create a crisis in the company (strike or slow down or loss of an important government contract)
          3. Have the hand picked board of directors sell the company to the government for pennies on the dollar
          4. Give the hand picked directors healthy public pensions and an Order of Canada
          5. Rinse and repeat

          We should not be in favour of theft but in favour of “fair market value” and “market efficiencies by cutting the extra fat off of private ownership” ;)

          The conservatives/liberals did it one way it’s equally valid the other way.

          If it’s theft if done by our government then it’s theft if privative investors do it to us.

  • Sagifurius@lemm.ee
    0·
    11 months ago

    The goof is cutting a lot of money out of the federal food inspection agency and nothing from the CBC.

  • AutoTL;DR@lemmings.worldBEnglish
    0·
    11 months ago

    This is the best summary I could come up with:

    The government said the cost-cutting initiative excluded agents of Parliament and small organizations with budgets under $25 million a year.

    In the 2023 budget, released in April, Finance Minister Chrystia Freeland said promised reductions in government spending would “represent savings of $15.4 billion over the next five years.”

    The government’s supplementary estimates, meanwhile, give DND an additional one-time transfer of $1.5 billion — $500 million of it for military aid to Ukraine.

    “This is just the first tranche of the results relating to our spending review,” Treasury Board President Anita Anand told reporters on her way into question period.

    The government has for months touted its plan to rein in spending, trim travel costs and cut the sums spent on professional services by outside contractors.

    “Departments were asked to review programming and operations to identify where there might be duplication, lower value for money, or misalignment with government priorities,” it wrote.

    The original article contains 717 words, the summary contains 149 words. Saved 79%. I’m a bot and I’m open source!