Mr. Speaker, I dare say that the only good measures in this budget came from the NDP.
This morning in committee, we met with the Parliamentary Budget Officer and we were examining TFSAs. Have Canadians been saving more since TFSAs were introduced? Canadians are not saving more. There has been an increase in tax-free savings primarily among the 15% of the population who reach the maximum. However, there has been no increase overall. There has been a shift in savings. Savings that used to be placed in other kinds of funds are being redirected to TFSAs. However, there has been no net gain in savings. On the contrary, the Governor of the Bank of Canada said that the household debt ratio is rising and will continue to rise.
Clearly, this is merely an election-minded measure, although it is not fooling anyone. What we want is a budget that really helps people in need.