Money and influence: in the struggle to cut spending, governments are surrendering control of the public agenda

Article Abstract:

The move to downsize government and cut spending in the US and Canada has led to increased dependence on corporate largesse to fund education, social services and the arts. Privatizing health care, welfare and other traditional government services subjects communities to the whims of the marketplace.

Evaluation, Column, Influence, Ethical aspects, Corporations, Government spending policy, Privatization, Privatization (Business), Outsourcing

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A bold, spirited move

Article Abstract:

Edgar Bronfman, president of the Seagram Company Ltd, has purchased a 5.7% interest in Time Warner Inc in an attempt to diversify the company's assets. The firm plans to eventually acquire a 15% interest in Time Warner. Seagram previously purchased an interest in a fruit juice line.

Motion picture & video production, Periodicals, Management, Investments, Time Warner Inc., Alcoholic beverage industry, Securities, TWX, Entertainment industry, Seagram Company Ltd., Bronfman, Edgar M., Jr.

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Breaking point: protests grow against higher taxes and fees as governments try to check spending and cut debt

Article Abstract:

Residents of cities and provinces of Canada have become vocal in their opposition to increased taxes for fewer services. The governments have been slow to reduce their expenses, which is one factor that contributes to the public outcry.

Canada, Economic aspects, Budget, Budgeting, Budgets, Taxation, Public opinion, Tax policy

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