Mr. Speaker, seniors asked during the prebudget consultations for an increase in the GIS, the guaranteed income supplement. We did that in the budget announced on Tuesday. Seniors as well will benefit from the new tax-free savings account. It will protect interest earned in tax-free savings accounts. They will be tax free.
I encourage people to look at the website, www.budget.gc.ca, and they could do the calculations of the tax savings. It is a terrific opportunity for people to do their calculations for themselves.