A tax-free savings account tends to benefit the bottom range of tax filers. Three-quarters of the benefits go to those in the bottom two tax brackets. The reason is that, first of all, there's a cap on the amount that can be put in. Second, when the savings come out of a tax-free savings account, they're not going to affect the Canada child tax benefit, the GST credit, or the GIS, etc., because when it comes out, it's not taxed and not included as income. Those benefits are still going to be maintained. It's a fairly strong incentive for low- and middle-income individuals to save, because those impacts aren't going to be there.
There's also--