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Reviews Will Yield $1.7 Billion in Savings

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http://www.tbs-sct.gc.ca/media/nr-cp/2010/0503a-eng.asp
For immediate release
May 03, 2010

Ottawa – The Honourable Stockwell Day, President of the Treasury Board and Minister for the Asia-Pacific Gateway, today announced that the Government will review close to $35 billion in spending in order to find an estimated $1.7 billion in savings. The results of this review will be released in Budget 2011.

"As we embark upon our road to deficit reduction, it is essential for the government to live within its means and identify substantial savings,"said Minister Day. "Strategic reviews are about reinvesting funds from low performing programs into priorities of Canadians."

Strategic reviews are designed to ensure that government programs are efficient, effective and achieving results Canadians expect. Since 2007, the Government has identified savings of $1.3 billion through these reviews.

"We have a responsibility to Canadian taxpayers to spend their money prudently and where it will do the most good. This is exactly what we are doing," added Minister Day.

This year, the following government organizations (13) will be under review:

Atlantic Canada Opportunities Agency
Canada Economic Development Agency for Quebec Regions
Department of National Defence
Fisheries and Oceans Canada
Human Resources and Skills Development Canada (excludes Labour Canada)
Industry Canada
Marine Atlantic Inc.
Office of the Director of Public Prosecutions
Office of Infrastructure of Canada
Privy Council Office
Public Works and Government Services Canada
Treasury Board of Canada Secretariat
Western Economic Diversification Canada
 
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