Thank you, Chair.
Welcome again to everyone here today.
I have a couple of questions, including one regarding health care funding, which I'll get to in a second.
Before I do that, I'd like to discuss the TFSA. I'm of the personal opinion that it's the greatest thing I've seen since cut cake. I think it's just an absolutely magnificent program. In particular, I'm delighted that we all recognize that retirement income down the road is a challenge, has been a challenge, will be a challenge. I find this to be particularly interesting.
The focus, of course, is that it's a benefit to our young people should they be able to take advantage of this. I think it's almost incalculable down the road.
I would like to have some kind of indication as to what we could expect as a long-term impact out of this TFSA, in terms of how much we could expect to see in tax savings. I know it's difficult to go eight, 10, 12, 15, 20, 30, 40, or 50 years down the road, but of course when governments bring in programs like this that are lengthy in usage and application, I think we need some kind of broad guesstimates and/or we need to know the mechanics of how you arrive at your decision.
For the Finance department, what are we looking at in tax savings for the foreseeable future with the utilization of the TFSA?