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 23 hours ago by sbv@sh.itjust.works to c/canada@lemmy.ca
14 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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[–] sbv@sh.itjust.works 26 points 22 hours ago (2 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@lemmy.ca 14 points 22 hours ago (2 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@lemmy.ca 23 points 22 hours ago (2 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.

[–] sbv@sh.itjust.works 8 points 21 hours ago

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

[–] Tlaloc_Temporal@lemmy.ca 3 points 17 hours ago (1 children)

There is a silver lining in giving the NDP a wake-up call. Hopefully they can manage to have an actionable platform soon.

[–] karlhungus@lemmy.ca 5 points 16 hours ago

I liked Jagmeet, and the NDP platform (well what i understood of it), if i wasn't worried that PP would get in they would have gotten my vote. I did feel that he didn't stand a chance of getting in.

I did read Carney's book (values), i found it extremely difficult to read, and said a lot without saying anything. I don't think he would get my vote if not for PP.

I'd like to see a rule that any politician voted in must work in an aid camp in a warzone to be elegable for office. Or maybe spend a year as an average citizen in their country.

[–] sbv@sh.itjust.works 5 points 21 hours ago

I suspect if you polled the Carney voters from the last election, all but the NDP/Green ABC-crowd would be fine with these policies.

Ironically, many of the voters worried about the collapsing middle class (in the form of stagnating wages and the housing crisis) probably went with the CPC.

[–] Thedogdrinkscoffee@lemmy.ca 8 points 19 hours ago

Narrator: It won't.

Narrator 3.5 years from now: It didn't.