Thank you, Mr. Chair.
My questions are related to the panel right here in front of me.
I would like to go back to the question of tax-free savings accounts. Just now we heard comments that immigrant women are at a disadvantage in many ways. Of course, when you look at immigration, it's very complex. People come in with different financial requirements. There's something called sponsorship. The whole idea of having some people being sponsored is that the sponsors have to be responsible for the well-being of these people, so that they would not take advantage of our social welfare benefits right away, because there's a reason for that.
In relation to immigrants who do not have a history of working and who therefore will not be able to contribute to an RRSP, a new product, the TFSA, has come out. People are making use of these things retroactive to January 2009. It includes the whole family. The parents of people who are 18 have already started putting money in.
This is probably a good way for immigrants to save money for the future. Am I right that it is a good way of saving, even for newcomers?