Mr. Speaker, I will not let him off that easily. The question asked was as follows: how can the Conservatives justify and defend the doubling of the TFSA limit from $5,500 to $10,000 when only 7% of Canadians were able to make the maximum contribution when the limit was $5,500?
That measure was so expensive that the parliamentary budget officer calculated that 20 to 30 years from now it would cost the equivalent of 0.7% of GDP. The government would give up tens and almost hundreds of billions of dollars for a measure that benefits 7% of the population right now. This is not about abolishing the TFSA. Many Canadians contribute to it even with a $5,500 ceiling.
How can the Conservatives justify calling themselves good stewards and good managers of taxpayers' money when they support a measure that would be extremely irresponsible in terms of public finances and detrimental to the services funded by taxpayers' money?