Revenge of the scalpel: the cost of cutbacks may be 500,000 jobs

Article Abstract:

Canada's federal and provincial governments reduced their combined deficits from $66.1 bil in 1992-93, to $32.1 bil in 1996. A new report by economists Jeff Rubin and John Lester contends that the cuts have depressed economic growth and driven up unemployment, resulting in around 500,000 job losses.

Unemployment

---

Tough medicine: the budget spreads the pain across the nation

Article Abstract:

Canadian provinces will be hard-hit by Finance Minister Paul Martin's budget cuts. Details about how Quebec, Ontario and the Western and Atlantic provinces will cope with the cuts are outlined. The elimination of 45,000 public service jobs and the resulting effects on Ottawa are also examined.

Cover Story, Appointments, resignations and dismissals, Public employees, Government employees, Provinces, Martin, Paul (Canadian government official)

---

Local crises

Article Abstract:

Deficit-ridden municipalities in Canada are slashing spending on education, public welfare and other services, while shifting more of the financial burden onto taxpayers. The country's two-year-old recession has lowered tax revenues at the same time as welfare rolls are growing.

Similar abstracts:

• Abstracts: Easier for the boss. The beauty of chaos
• Abstracts: Advice on a disk: the doctor is really in. Of facts and factoids
• Abstracts: Damage controlled: the No backers try to act like statesmen. Under fire from all sides
• Abstracts: In thick and thin. The debt doctors. The rating game
• Abstracts: A generous plan is given a trim. Big payoff awaits new chief if he turns I.B.M. around

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.