It's just exacerbating the problem for the provincial governments, yes.
Now, you were quoted in the Toronto Star in January as follows:
Canadians have also added a lot of debt to our balance sheets. The ratio of household financial liabilities to household disposable income now sits at a record high 166 per cent, compared to 110 per cent in 2000. And as Canadians try to pay off this increased debt, inevitably consumption will further decrease, adding to more economic drift or stagnation.
Then you asked, “So how do we get out of this dangerous spiral?”
So that's my question to you. Is there a role in this budget to begin to address this enormous debt load Canadians have?