More federal cuts to be made

According to CBC, the federal government is cutting back their spending by 10 percent in order to eliminate the deficit problem. Currently, there are slow growth projections and a weak job market.

Despite this, many major government companies are being asked to create a plan to cut spending. These cuts are to be made over the next two fiscal years. 

These cuts have doubled since last year. The companies that will take part in the cuts include Public Works, National Defense, Foreign Affairs and CSIS.

Treasury Board President, Tony Clement told deputy ministers to start making the cuts faster.

However, President John Gordon says that the original plan of cutting back by five percent would have badly harmed services and therefore a cut of 10 percent would be disastrous.