A series of leaked letters sent out by the Prime Minister’s Office indicate that Prime Minister Mark Carney is seeking to slash government spending by 15 per cent over the next three years. If the targets are met, this could work out to about $25 billion in savings per year.
The Canadian Centre for Policy Alternatives, for one, said that these would represent the “worst cuts to the public service in modern history,” and would “rival” the aggressive reductions to government spending that Canada undertook in the 1990s.
