Procurement Article Index : Current 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
 Latest
 News
 
 Most
 Read
 
 Most
 Commented
 Hot
 Topics

December 6, 2000

The Auditor General of Canada has reported that the current $11.2 billion defense budget (this is Canadian dollars equal to $7.4 billion US dollars) is $750 million (Canadian dollars) short of the amount needed to maintain readiness and replace equipment as it wears out. The Auditor General says that the government will have to make hard choices, either increase the budget, reduce the size of the military, or reduce the readiness level of many units.--Stephen V Cole