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.
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.
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