Martin's big plan

Article Abstract:

The Canadian cabinet unanimously endorsed Martin's plan to reduce the budget deficit through a combination of spending cuts and tax increases. The budget may be released in early Feb 1995, to help allay fears about the instability of the Canadian dollar. Details of the budget are provided.

Prices and rates, Dollar (Canada)

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Who gets the cash?

Article Abstract:

The 1996-97 Canadian budget deficit fell to $8.9 billion and most experts predict the budget will record a surplus by 2000, if present trends continue. This has caused a debate over the best way to spend the funds. Tax cuts, increased spending or retiring the national debt are all options.

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Tradition overturned: the Liberal party is now overhauling many of its traditional core policies

Article Abstract:

Martin's 1995-96 budget cuts are the beginning of a three-year effort to reduce Canada's budget deficit by $25.3 billion. These budget cuts will reduce or dismantle many of the social welfare programs originally championed by the Liberal Party and Martin's own father.

Cover Story, Liberal Party (Canada)

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