In This Economy?!

How will the massive spending cuts being proposed by Ottawa impact you?

Episode Summary

The civil service in Ottawa is bracing for layoffs. It comes after Finance Minister Francois-Phillippe Champagne was tasked with finding $25-billion dollars in savings to offset the biggest increase in defense spending in a generation. So how does that play in to our federal government's massive deficit? And how does that trickle down to you? Host Mike Eppel speaks with Dr. Wayne Petrozzi, Professor Emeritus in the Department of Politics and Public Administration at Toronto Metropolitan University.

Episode Notes

The civil service in Ottawa is bracing for layoffs.

It comes after Finance Minister Francois-Phillippe Champagne was tasked with finding $25-billion dollars in savings to offset the biggest increase in defense spending in a generation.

So how does that play in to our federal government's massive deficit? And how does that trickle down to you?

Host Mike Eppel speaks with Dr. Wayne Petrozzi, Professor Emeritus in the Department of Politics and Public Administration at Toronto Metropolitan University.