Thank you very much, Mr. Chair.
I simply want to mention that out of 11 million people, only 6.7 % of Canadians have reached the TFSA deposit ceiling. It is important to have a balanced retirement system. The TFSA is an important tool for retirement planning, but we must not forget that 23 million Canadians do not have a TFSA.
I'd like to just ask a question, though.
To what extent is it likely that the proposed reduction in the second marginal tax rate would result in an increased household consumption? If consumption were to increase, what would be the expected impact on economic growth?