Lots of stuff in there...I know the Penny has been discussed...but the other big one, is age of retirement from 65 to 67. Another one is taking a page out of the Tea Party book and cutting government jobs


The budget will:

- Gradually raise the age of eligibility for Old Age Security from 65 to 67 beginning in 2023.

- Contain no new taxes or tax increases.

- Tell consumers to complain directly to food companies about product labelling.

- Eliminate the penny.

- Eliminate 19,200 government jobs over three years, including 600 senior executives and 7,200 through attrition.

- Reform regulation in the resource industry, including amending the Canadian Environmental Protection Act.

- Allow Canadians to claim more goods duty-free at the border. The limit after 24 hours goes from $50 to $200. -YEAH!

- Cap EI premium rate increases to 5 cents a year until the fund is balanced again.

- Cut $2.1 billion from the Department of National Defence over the next three years.

- Give $5.2 billion over 11 years to the Canadian Coast Guard.

- Give $67 million to the National Research Council to refocus on "business-led, industry-relevant research."

- Streamline overall regulatory reviews of major economic projects.

- Provide $275 million to build and renovate schools on reserves.

- Pass legislation to create standards for First Nations education. - Much needed to improve quality of life, approve.

- Refund $130 million in application and processing fees to skilled foreign workers stuck in immigration limbo.

- Raise the retirement age of public servants from 60 to 65, for new employees beginning in 2013.

- Increase employee-contribution levels to pension plans for those working in Canadian Forces, RCMP, Public Service Commission and parliamentarians.

- Make the Governor General pay income tax beginning in 2013.

- Shut down the Public Appointments Commission, Assisted Human Reproduction Canada, and the National Round Table on the Environment and the Economy.

- Sell official residences abroad, generating $80 million in revenue.

- Standardize all government emails to one system.

- $205 million over one year for Hiring Credit for Small Business.

- Give $50 million over two years to Youth Employment Strategy.

- Give $150 million over two years on Community Infrastructure Improvement fund

- Give $105 million next year to Via Rail for operational and capital projects.

- Give $101 million over next five years for Esquimalt Graving Dock.

- Give $50 million over two years to protect wildlife at risk.

- Provide $450 million for sports facilities in the Greater Toronto Area for the 2015 Pan American and Parapan American Games.

- Give $8 million to clean up low-level radioactive waste in Port Hope and Clarington, Ont.

- Provide $44 million over two years to the Canadian Grain Commission to reform their funding model.

- Provide $13.5 million over two years to improve pipeline safety.

- Give $35.7 million over two years to improve tanker safety and inspections, emergency preparedness related to oil spills and updated charts for shipping routes.

- Announce a new global commerce strategy in 2013 that sets trade priorities.

- Provide $9.6 million over three years to the RCMP to fight counterfeiting.

- Give $ 99.2 million over three years to help the provinces create permanent flood mitigation measures.

- The Government has found $5.2 billion in ongoing savings from departmental spending or less than two per cent of federal program spending.


Whatcha think?

Lots of opposition to social program cuts, especially about the age of retirement...

But I think anything that gets the books back to balanced (or surplus) is what we need right now. We were undoing all the good financial management of the Liberals in the LATE 90s, early 2000s...

 

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I don't understand all of the hate towards raising the retirement age. People are living longer, and therefore need to be cared for longer, and the associated costs of healthcare for said people is huge.

Freedom 55 is now Freedom 67.

Well, a large portion of the population is baby boomers, so anything that affects them is a very touchy subject...

And lots of the outrage (even if it's a good idea) is political posturing to gain support.


*shrug*

You're not wrong. Not crazy about it myself, but if you do well in the private sector/personal finances, who cares if you have to wait 2 more years for government money to roll in? Think it's a step in the right direction.


Back in the late 90s the RRSP fund was always a big question mark with the baby boomers coming into the fund en mass. What ever happened with that? Remember the worry that by the time 'the rest of us' got to old age, that the fund would be empty?

 

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- Give $5.2 billion over 11 years to the Canadian Coast Guard.


!!!!!!!!!!!!!!!!!!!


What's this?!? Attempting to invade us????? WAR!!!!!!!!!!!

By the time I'm 67 the retirement age will probably be 70 or higher... meh.

my understanding is that this is all West Coast work...as well as upgrading/improving west coast harbours....and a streamlined process to start pushing pipelines from Sask/Alberta/BC to the west coast...and more trade initiatives and focus on trades...and upgrades and streamlined processes for tankers...

All of this means we're moving to be a major player in China/India energy sectors.

 

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Yeah that's what Iran is saying about their atomic bomb project. Peaceful purposes. I'm gonna be keeping both eyes on you Canada! Both eyes!!

i'm not Canadian, i'm not interests, and HELL NO i wont read anything.

that is all...just had to click because of the title didn't apply to me.

 

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he knows too much....silence him...

(and Harper is really pushing on buying us a bunch of F-35s) so look out! We might have a plane built in the last 20years in our stockpile now!

 

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damn, that's a lot of canoes!

 

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