Mr. Speaker, I would even go farther to say that the new direction and new approach are transformational, putting this extra money where it is needed at the levels of the economy into the hands of the people who spend essentially every cent they receive every month. They are not able to save for their retirement. They are not able to save for their children's education. They are not able to take vacations or buy fancy clothes. This puts money into the hands and the pockets of people who are going to spend it very quickly.
It accelerates the money through our economy. It should lead, and we hope that it would lead, to stronger economic growth. When millions of Canadians have more money to spend in their local communities, it will create local jobs. We know that is true. While we are asking the more wealthy to pay a bit more to help support these initiatives, we know that when people are struggling in Saskatchewan, Newfoundland and Labrador, and Alberta, it is the right thing to do at the right time.