Mr. Speaker, it is quite remarkable that the opposition does not understand that if the private sector keeps the money, the money is not lost. The money goes to investment and savings, savings for education, retirement and for a first home.
Here is a little more information, if the facts mean anything to the opposition. Half of TFSA holders earn less than $42,000 a year and 600,000 seniors with income below $60,000 are currently maximizing their TFSAs.