If you look at it, the home credit itself is small. With the current limit, if you spend the maximum, you can get roughly $1,000 back. No one is going to spend $100,000 on a major home renovation because they get $1,000.
Take a $100,000 renovation. The cost of that is roughly 50% labour and 50% materials. If you created a program that would give somebody $10,000 back, it might be a real encouragement to go out and hire somebody to go to work. The 50% of the labour that is on that job, taxed at the lowest marginal rate, basically pays for whatever the people of Canada expended by way of a credit.
On the materials that are being supplied, it basically works against the underground economy, gets the GST and HST, wherever, paid for the materials. It makes people contribute to WSIB. It makes people contribute to CPP. It's a winner.
I mean, the $1,350 that's in there currently is, for most people, nice to have, but it's not going to make them do a major renovation and it's not going to put anybody to work.