2012 Conservative budget highlights

The Conservative government released its 2012 budget yesterday.

According to the Canadian Press over nineteen thousand jobs will be cut from the public service. The Department of National Defence will be one of the hardest hit.

Eligibility for old age security will rise from sixty-five to sixty-seven come 2023 and the CBC will lose ten per cent of its annual funding.

Research and development will get a billion dollar boost while 50 million will be put towards job skills training for youth.

Canadians will see no tax cuts or hikes. Finally the production of the penny will cease.