Mr. Speaker, the Conservative government's budget does not reflect the needs of young middle class families. For example, do they think they have achieved any sort of balance when a family with an income of $150,000 will be entitled to a tax reduction of $350, while one with an income of $40,000 will receive $148? And do they really think they are encouraging people to buy their first home by offering a tax credit of up to $750, knowing what the average costs involved in buying a home are?
An analysis of this budget clearly shows that it contains no concrete measures to meet the needs of young families, and even less so if one member of that family loses his or her job and cannot qualify for employment insurance.
With it, the Conservative government, backed by the Liberals, is showing how it has neglected low-income families in a time of recession.