|
Dear John,
The federal government could save up to $10.7 billion this fiscal year by ending eight ineffective spending programs.
A new study published by the Fraser Institute today highlights eight federal programs where government spending does not appear to be accomplishing its stated goals, or where government funding is unnecessary:
-
$1.5 billion — Regional Development Agencies
-
$1.7 billion — Federal support for journalism
-
$587.6 million — Federal support for electric vehicle production and purchases
-
$340.0 million — Two Billion Trees program
-
$3.5 billion — Canada Infrastructure Bank
-
$2.4 billion — Strategic Innovation Fund
-
$202.3 million — Global Innovation Clusters
-
$530.0 million — Green Municipal Fund
Though just a starting point, a savings of $10.7 billion would meaningfully improve federal finances and help Ottawa put the country’s finances back on a stable footing.
Learn more here, and be sure to help us spread this news far and wide.
Sincerely,
Niels Veldhuis
President
The Fraser Institute
|
