Madam Speaker, the member is a very erudite colleague and I turn to him for answers.
Members on the other side are saying that this policy is inflationary, yet in 2008, the Harper government reduced the GST by 1% on everything, in other words, everything in the basket of goods used to calculate the CPI. We are just taking the GST off a very narrowly focused basket of goods for a temporary period of time, which is a slow point in the retail cycle.
How is it that the other reduction of the GST was not inflationary, but this one is? In both cases, there were government deficits.