One of the challenges we have is we're concerned about our employees, and some, even though we match, do not contribute to their RSPs because they're living from paycheque to paycheque. They may get a windfall, but they may not want to put in the RSP because there's a penalty for taking it out. They want to have flexibility because they may need that money for a rainy day. The TFSA gives the flexibility to take it out without penalty, and that's important. You still have that space.
On May 26th, 2008. See this statement in context.