Okay, but assuming that it doesn't have any change there, at a provincial level, we're already at an 80% marginal tax rate on $1 of passive income over $50 000. Thank you for confirming that.
We had the Parliamentary Budget Officer here. He indicated that the deficit for this fiscal year—of course, this is a budgetary matter, and we are discussing the budget bill—will be $22 billion, not the $18 billion that the government's budget has projected.
Can anyone on the panel today explain the difference?