Mr. Chair, in 2011 the tax multiplier used was 0.3. In other words, a $1 reduction in corporate taxes meant economic growth of only 30¢ on the dollar.
According to the finance department, investments in housing, infrastructure, low-income households and unemployed workers have a much higher tax multiplier than the measures taken by the government since 2011, which focus mainly on personal and corporate income tax and the reduction of EI premiums.
Knowing that, why does the government choose the least effective measures when preparing its budget rather than much more effective measures that would promote economic growth?