Mr. Mostafa Askari at the Finance Committee

On April 28th, 2015. See this statement in context.

April 28th, 2015 / 10:30 a.m.

Assistant Parliamentary Budget Officer, Office of the Parliamentary Budget Officer, Library of Parliament

Well, it's forgone revenue for the government, because if the financial asset moves from the taxable instruments to non-taxable TFSAs, that is forgone revenue for the government for that amount of money.

See context to find out what was said next.