Mr. Speaker, our Conservative government is the government of lower taxes. That is why we introduced the tax-free savings account, just like we promised. It is a way for Canadians to save for retirement, their kids' education, and the down payment on a house. In fact, today we are proud that nearly 11 million Canadians of all ages and income levels have opened accounts allowing them to save tax free.
According to Manulife Financial, the tax-free savings account is the favourite investment choice for Canadians. Nearly half of TFSA account holders earn less than $42,000 a year, and in 2013, 75% of all TFSA account holders earned less than $70,000.
However, the Liberals and the NDP will raise taxes and reverse our benefits. The facts are clear. Only our Conservative government can be trusted to keep taxes low for Canadian families.