Mr. Speaker, I will state again that the Conservative government was able to increase the TFSA contribution limit because our full fiscal year in government had a surplus. The Auditor General confirmed this. Indeed, the Department of Finance, through its monthly “Fiscal Monitor” publication showed that in the first nine months of the current fiscal year ending December, Canada's budgetary surplus was $3 billion.
In the House of Commons on March 7th, 2016. See this statement in context.