Mr. Speaker, the New Democrats should read the facts. If they did, they would know that almost two-thirds of those who have maxed out their tax-free savings accounts earn less than $60,000 a year. They are seniors who might downsize their homes and have some proceeds from the sale to put aside for a tax-free income. They are people who have a small inheritance from a deceased loved one. We are allowing them to keep more of their money to save it and grow it. The New Democrats and Liberals want to raise taxes on these middle-class, hard-working people who earn less than $60,000 a year.
In the House of Commons on May 4th, 2015. See this statement in context.