Mr. Speaker, I would like the government to get its act together just once. This is the third try and it still cannot seem to get its act together. It weights all of its tax relief to a consumption tax reduction, which encourages consumption and reduces savings. Now we have savings at virtually zero and, in many cases, a negative savings rate, which is not good for a country.
On a tax point, the GST brings in about $5 billion on an annual basis. In effect, the Conservatives forgo revenue of $5 billion on consumption and then they tell us to look at this keen little plan they have where they forego $5 million on savings.
The government cannot get its act together and that is the point. It is not that in theory this is not a good idea but those guys do not even know how to apply good economic theory.