GPersonem@il

Going up ?!

‘The federal government is asking Parliamentary approval to spend $97.4-billion on social programs, an increase of 7.7 per cent or $7-billion from fiscal 2007.Spending on social programs as a portion of all government spending continues to rise, as well. In fiscal 2008, 46.3 cents of every dollar Ottawa spends will be go to social programs, up from 45.5 cents of every dollar in the current fiscal year, which ends on March 31 and up from 44.8 cents in fiscal 2006.’

“To do income splitting would be about $5 billion and it doesn’t appear we have the fiscal room to move on that in this particular budget,” a senior government official told The Globe and Mail.

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February 27, 2007 - Posted by | Canadian Politics

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