Just to respond quickly to that, the last time we went for a change was in 1993, and the informal limit was changed from $7,000 to $12,000.
On May 9th, 2013. See this statement in context.
On May 9th, 2013. See this statement in context.
Senior Legislative Chief, Tax Legislation Division, Tax Policy Branch, Department of Finance
Just to respond quickly to that, the last time we went for a change was in 1993, and the informal limit was changed from $7,000 to $12,000.
See context to find out what was said next.