Jeremy Leonard is an economist with the think tank organization out of Montreal.
On Soundingboard Leonard says his first reaction was that the budget included everything but the “kitchen sink.”
However with the home renovation credit, he says the sink is actually included in the plan to stimulate Canada’s economy.
Leonard says no less than 109 specific initiatives to secure the economy and assure long-term prosperity.
He says he could have done without the home renovation credit since in his eyes, there is no indication that Canada’s housing industry is having the same type of problems as those in the U. S.
He would have liked to have seen more money reach the hands of those that need it most–namely the low income earners and the unemployed.
Leonard says that billions in the home plan would have been a giant step to getting more money in the hands of the taxpayers.
Leonard says he views this budget as one that attempts to secure the survival of the present government.
He says the budget could have done much better to help alleviate the economic downturn.
