Ontario Premier Kathleen Wynne appointed a new cabinet today, making her deputy premier the head of the Treasury Board as Canada’s most populous province looks to close a C$12.5 billion ($11.6 billion) budget gap.
Jim Flaherty, one of Canada’s longest-serving finance ministers who helped the country stave off the worst of the global financial crisis, announced his resignation from cabinet to seek work in the private sector.
Canada’s transportation ministry could consider selling assets and privatizing airports to narrow its role, the department said in a briefing note to Transport Minister Denis Lebel. The memo also contained biographies of top officials with self-descriptions such as “beach babe.”
The government would be breaking the law by yielding to pressure from the opposition New Democratic Party to hold public hearings into Cnooc Ltd.’s takeover of Nexen Inc., Treasury Board President Tony Clement said.
Canada will push ahead with its plan to cut spending by at least C$4 billion ($3.9 billion) annually and look for ways to “transform” public services even though the government’s deficit-reduction efforts are running ahead of schedule, Treasury Board President Tony Clement said.
Tony Clement , head of Canada’s Treasury Board and minister responsible for the country’s civil service, told a group of government executives they should seek “transformative” change of the bureaucracy to reduce costs, including considering the introduction of user fees.
Canadian federal workers will oppose any effort by Prime Minister Stephen Harper to cut government programs and restrict labor rights by staging a four-year campaign to defeat the governing Conservative Party, the head of the country’s largest public sector union said.
Canada’s governing Conservatives will focus on sustaining the country’s recovery and bringing the government’s finances back to balance as lawmakers return for meetings this week, party officials said.