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|    mtl.general    |    Ahh Montreal, home of good strip joints    |    39,416 messages    |
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|    Message 37,671 of 39,416    |
|    =?UTF-8?B?Q29uyYBSQ29uyYA=?= to All    |
|    THIS is how the Harper gang plans to 'ba    |
|    26 Nov 13 13:12:33    |
      XPost: can.politics, ont.politics, bc.politics       XPost: ab.politics, sk.politics, man.politics       From: ConsRCons@govt.cda              They're not spending budgeted monies from previous budgets - letting       programs and people 'go without'. . . . "tens of billions" of our tax       dollars.              It's a devious game - from the government that's learned to do best. .       . . the Cons.       _______________________________________              The Wall Street Journal - November 18, 2013, 12:19 PM              Canada Budget Watchdog Wonders Why Money Isn’t Being Spent                     Canada’s budget watchdog is pushing lawmakers to press the Canadian       government on why tens of billions of dollars go unspent each year by       bureaucrats.              So-called “lapsed spending” has hit roughly 10 billion Canadian dollars       ($9.57 billion) a year over the last three fiscal years, the Office of       the Parliamentary Budget Officer said Monday. The unspent money is       returned to federal coffers, and was largely responsible for the       markedly smaller-than-expected deficit by the Canadian government       recorded in fiscal 2012-2013.              The budget watchdog noted the amount of lapsed spending has grown       “consistently” over the past decade, and hit a high of C$11.2 billion in       fiscal 2010-2011, or 12% of the money Canada’s parliament approved to be       spent that term.       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^              “Parliamentarians may wish to seek clarification regarding why this       level of unspent money remains so high [and] what measures will be       undertaken by departments and agencies to ensure that spending directed       by parliament occurs,” the budget watchdog said.              Representatives for Finance Minister Jim Flaherty weren’t immediately       available for comment.              In last week’s fall fiscal update, Mr. Flaherty said the Canadian       government anticipated the amount of money to go unspent at government       departments to be larger this fiscal year — which ends March 31, 2014 —       than it previously anticipated, by roughly C$1.5 billion to C$7 billion.              The government also opted to be “prudent” and project larger amounts of       lapsed spending in the next two years.              The amount of lapsed spending is expected to dwindle to about 5% of       approved expenditures by the end of the decade, the government’s fiscal       update indicated.              These large amounts of “lapsed spending” are unfolding as the       Conservative government pushes toward a balanced budget in the 2015-16       fiscal year, or in time for the next federal vote.              Back in 2012, the government implemented an austerity program to extract       over C$5 billion annually in savings, and in the budget update last week       said it would introduce further spending-restraint measures in the       public sector, totaling C$1.7 billion in savings over two years.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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