Madam Speaker, part of the frustrating part of this, as a middle-class Canadian myself, is to hear the arguments of the Minister of Finance and to hear the arguments of the hon. member, as though somehow they are giving a gift to the middle class.
David Macdonald, who is a senior economist with the Canadian Centre for Policy and Alternatives, broke it down. The reality is that for those Canadians making $48,000 to $52,0000 a year, the average saving will be about $51 a year, or as my hon. colleague for Brantford—Brant said, about $6 a week, roughly, or less than that, in fact. From $62,000 to $78,000, it will be $117 a year. He classifies what comes as the next level as the upper middle class. Those making $124,000 to $166,000 will gain $521 a year, and then from $166,000 to $211,000, it will be $813.
In the meantime, Canadians earning over $211,000, granted, will see a tax increase of $2,912, but in fact, it is a shell game. It is a shell game the Liberals are putting over on Canadians, because the Parliamentary Budget Officer himself said that there would be an $8.9 billion revenue deficit within six years.
We are providing tax breaks to Canadians now. Will the member tell us how Canadians will pay for this going forward, with the debt and deficits that will be created as a result?