Madam Speaker, I thank the member opposite on her passionate speech about TFSAs.
Let me quote:
Doubling the annual maximum does nothing for the 93.3 per cent of Canadians who cannot max out their TFSA contributions at the existing limit of $5500/year....
Following a detailed review of this program last winter, the Parliamentary Budget Officer (PBO) said: “TFSA benefits, currently balanced across wealth groups, will become increasingly skewed toward high-wealth households over time.”
After the recent budget, would the member not agree that the TFSA, and especially the increase in TFSAs, was to pander to the Conservative base?