Mr. Speaker, I was astounded to find out that, with the $113 billion deficit the government is going to create, the Bank of Canada will charge us about $10 billion of interest every year, ongoing. That is on top of the almost $2 billion from this non-tax neutral middle-class income tax cut.
It makes it increasingly difficult for the government to ever balance the budget and work its way out. That is $12 billion before it starts doing anything else. At the end of the day, if I read the numbers right, it is only going to reduce unemployment by 0.3%.
I am extremely concerned. In my riding of Sarnia—Lambton, we have a project for an oversize load corridor. For $12 million of infrastructure investment, we could create 3,000 jobs. However, it was totally ignored in the budget.
I wonder if the member could comment on the deficit and how it is really going to help.