Mike Wallace at the Finance Committee

On February 8th, 2007. See this statement in context.

February 8th, 2007 / 12:25 p.m.

Conservative

Mike Wallace Conservative Burlington, ON

I understand that.

I have two other quick questions for you. My understanding, and I might be wrong about this, is that the bill is based on the income level of the contributor in terms of the tax deduction. Does that not penalize my parents, who are pensioners and not earning income, in terms of contributing to my child's RESP?

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