Your assessment is right. When we discussed it with another member of the committee, we pointed out that it was a new program. It's only been around for a few years. Indeed, we are seeing a savings shift. In the long term, we'll have to see—and that's what we measured—who will be able to benefit from the current $10,000 contribution limit. No doubt, it will be wealthier individuals, those with higher incomes.
That said, it's important to take into account people's behaviour. Earlier, we were discussing people's previous economic habits. We'll have to wait and see what happens with a program like this over time. Will people use it on an as-needed basis, for example, a student who starts a TFSA in order to save money for a house? If so, people would be able to regularly withdraw that amount. We'll have to wait and see whether the savings are lasting or not. Those are exactly the kinds of factors that will need to be analyzed in the longer term.