Mr. Speaker, I think most of that question had to do with tax-free savings accounts. I would like to talk about that for a moment.
If it is a good idea at $5,000—and this is what the Liberals are saying, that it is a great way to incentivize people to save and that is what we want people to do, save for their retirement, save for their families, save for their children's education, and save for that rainy day—why would it be a bad idea to give them a little more encouragement?
I have known lots of high-income people in my life. What I will say is that some of the lower-income people are the better savers. They know how important saving is to their way of life. They cannot look forward to that big paycheque coming in next week or at the end of the month, so they save. They put their pennies aside.
This would give them a great incentive to earn a little extra tax-free money on the capital gains on those savings. That will give them a secure retirement. Seniors are some of the biggest beneficiaries of this. Seniors with an income of $60,000 or less put the maximum amount in these tax-free savings accounts.