Canada doesn't need big new round of spending cuts: minister

Mon Jan 26, 2015 11:27am EST
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OTTAWA Jan 26 (Reuters) - The Canadian government will be able to balance its budget without a major new program to limit spending, Treasury Board President Tony Clement told reporters on Monday.

"There is no plan for a new deficit reduction action plan similar to the one I engaged in 2011-2012," said Clement, the cabinet minister responsible for federal government spending. "We're going to be delivering a budget, and it'll balance the books."

He said his department would continue to examine programs to see if there is a way of delivering services at lower cost. (Reporting by Mike De Souza; Writing by Randall Palmer, Editing by Franklin Paul)