In November The Canadian Teachers' Federation (CTF), as part of the pre-budget consultation process, made a submission to the House of Commons Standing Committee on Finance. Entitled "Supporting Education... Building Canada: Child Poverty and Schools" the brief outlined why teachers saw child poverty as such an important issue to be addressed, and made recommendations on how to meet the challenge. The CTF members know as educators the impact that poverty has on their communities, their children, and their classrooms. When times were good they implored governments to take advantage of the good times, to address the needs they saw. What challenges will they face now? This paper presents an analysis of the parts of the budget that have the most likely impact on classrooms, teachers and their students.