Diane St-Jacques on Child Tax Benefit

In the House of Commons on March 8th, 1999. See this statement in context.

Child Tax BenefitOral Question Period

March 8th, 1999 / 2:45 p.m.

Progressive Conservative

Diane St-Jacques Progressive Conservative Shefford, QC

Mr. Speaker, my question is for the Minister of Finance.

Last fall we learned in the Department of Finance's economic and financial update that, in four years' time, inflation will have eaten $665 million away from the child tax benefit.

With the budget now presented, is it not fair to say that, through inflation, low income families will in fact have lost $365 million net in four years' time?

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