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.
May 9th, 2013 / 9:30 a.m.
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.