I completely agree with this. This would impact people under the age of 71 whose RRSP hasn't converted to a RRIF, while eliminating the withholding tax on RRSP withdrawals. What we've said is to allow two years to repay that tax liability. I think that would go a long way towards supporting seniors who are struggling with liquidity at this time. I think it's an important measure, for sure.
On May 11th, 2020. See this statement in context.