OTTAWA - Canada's ministers of finance and procurement have given officials in charge of most federal contracting 45 days to come up with a plan to review all existing and planned federal contracts to find ways to save money.

The directive made by Finance Minister François-Philippe Champagne and Public Works and Procurement Minister Joël Lightbound is the latest cost-savings directive from the federal cabinet as Prime Minister Mark Carney looks to cut government operating spending by 15 per cent over the next three years.

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