4.20 Mr Speaker, Sir, the tax changes in response to ERC measures, taken together with the rebates and other tax and fee changes, will cost the Government $324 million in FY 2003. This will increase the deficit from the $900 million projected in the FY 2003 Budget to $1.2 billion. The Government is able to finance this deficit from funds accumulated in its current term and will not need to draw on past reserves.