Mr. Speaker, the NDP interim leader thinks anyone who has a tax-free savings account is wealthy, but 6.7 million Canadians have tax-free savings accounts. That is a lot of NDP taxation targets.
The NDP thinks anyone who plans for their future and saves their own money is wealthy. It not only wants to hike income, sales and business taxes, but now it has also set its sights on Canadians' hard-earned tax free savings.
Our Conservative government brought in tax-free savings accounts to provide greater incentives for Canadians, especially low and modest income individuals, to save. Our government deliberately set up the TFSAs to ensure that income in, and withdrawals from them, would not affect eligibility for federal income-tested benefits and credits.
While the NDP embarks on its latest tax-grabbing scheme, our government will continue to occupy the side of Canadian taxpayers.
By attacking Canadians' savings, the NDP members have proven yet again that they are simply not fit to--