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G&M: The price of Ottawa's stimulus: Here come the cuts

Canadian Finance Minister Jim Flaherty

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According to the Globe and Mail, Finance Minister Jim Flaherty (Whitby-Oshawa) big cuts are coming so that the federal government can work on drawing down the deficit the day after the Prime Minister announced that 97% of the government's stimulus cash had been committed.

The government has refused to adjust transfer payments to provinces which leaves cuts to federal programs to balance the budget.  What programs will be cut remain to be seen, but non-profit organizations are preparing to lose grant money during a time when donations have all buy dried up.

Read the whole article here.
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