Canadians got a look last week at the shape of fiscal things to come. In the House of Commons, Finance Minister Douglas Abbott gave the Government's estimated appropriations for the fiscal year beginning April 1. Tax-weary citizens heard with relief that the Government was promising big cuts in spending.
The biggest cut ($918,000,000) will be made in the demobilization and reconversion program, now largely completed. All told, estimated expenses for the coming fiscal year total $1,995,878,635, about $906,000,000 less than for the current year.
Buried deep in Minister Abbott's 282 fact-laden pages were some interesting disclosures:
ΒΆ The Mines &...