Honestly, I'm going to channel David Dodge here and say that this is the worst federal budget since 1982.
We're in a productivity “emergency” according to the deputy governor of the Bank of Canada, and as we're in this productivity emergency, the budget taxes the very investments that we need to get out of this productivity lag. It is very worrying. We're still running a significant deficit and we're seeing the effects of that with the rising interest payments, which now cost us as much as the GST. I enjoyed going for lunch today and knew that I had a provincial tax, but I had to pay that debt interest payment covering tax as well.