A little dated, but still amusing! (what we should pray Obama does not do in the US to save money)
'Bankrupt' Forces may shut 5 bases
Internal Report says $500m shortfall may cause closure from Winnipeg to Labrador
Tuesday, February 24, 2004
Canada's army, navy and air force are facing a funding shortfall of up to half a billion dollars, defence sources told the National Post, and the military is recommending drastic measures to make up the difference, including closing some of the largest bases in the country.
The military sources, who spoke on condition of anonymity, said the reports foresee a situation so dire that they recommend curtailing operations, dry-docking ships and mothballing vehicles or aircraft and closing at least four Canadian Forces bases.
Further, the air force report says that unless its fleet of ageing CC-130 Hercules transport planes is replaced or modernized, the main transport base at Trenton should be closed within 10 years. "There won't be enough Hercs flying by then to justify keeping the base open," one air force source said.
[Think about the implications of the above! Amazing. If they surrender now it would make things easier and cheaper on them.]
"We will not be able to meet our domestic defence obligations," one naval officer said.
The army is said to be in the worst financial state of all three branches of the Canadian Forces. "Everyone knows that the army's broke and has been for a couple years," said one military source familiar with the reports.
[OMG ... worse than the navy unable to meet its domestic obligations!!!]
I apologize - I don't feel like typing the entire article. Apparently the article is no longer available on the National Post site, although I am sure you are are an intrepid searcher, and will find it using a pay-per search site.