OTTAWA — The Liberal government wants to find roughly $25 billion in annual savings from the federal budget within the next three years, the Star has confirmed, a higher than expected target that the independent Parliamentary Budget Officer says will likely require civil service layoffs and cuts to funding for outside organizations.
The clarity about the goal of the government’s incoming expenditure review — two days after it first became public — sheds new light on how Prime Minister Mark Carney’s government is aiming for almost twice the level of internal “savings” than the Liberals promised during the spring federal election campaign.
This does not appear to be the massacre the media is hyping it to be.
