Trudeau government unveils plans to cut $500 million in spending

This is the best summary I could come up with:

The government said the cost-cutting initiative excluded agents of Parliament and small organizations with budgets under $25 million a year.

In the 2023 budget, released in April, Finance Minister Chrystia Freeland said promised reductions in government spending would "represent savings of $15.4 billion over the next five years."

The government's supplementary estimates, meanwhile, give DND an additional one-time transfer of $1.5 billion — $500 million of it for military aid to Ukraine.

"This is just the first tranche of the results relating to our spending review," Treasury Board President Anita Anand told reporters on her way into question period.

The government has for months touted its plan to rein in spending, trim travel costs and cut the sums spent on professional services by outside contractors.

"Departments were asked to review programming and operations to identify where there might be duplication, lower value for money, or misalignment with government priorities," it wrote.

The original article contains 717 words, the summary contains 149 words. Saved 79%. I'm a bot and I'm open source!

At least it aligns our fiscal policy with our current monetary policy. I wonder to what extent they are making these cuts precisely to put downward pressure on inflation, and thus encourage the central bank to reduce interest rates in the future.