Parks capital budget slashed

The capital budget for Canada’s national parks and historic sites is being slashed by more than twothirds this year even as more than 30 per cent of the agency’s assets remain in poor or very poor condition. Parks Canada is also coming off a second year of lost revenue. The government’s main estimates published this spring allocate a capital budget of $138 million, down from $448 million spent last year and $556 million in 2020-21.