Mr. Speaker, the member must not be familiar with the stats that show that the vast majority of people who use tax-free savings accounts and who maxed out doing so were people of very modest means. In many situations, they were seniors.
I have heard many examples of seniors having to transfer money out of a registered retirement product and put it into a vehicle. There is a huge tax implication there, but tax-free savings accounts were an attractive way to do that, to take money from a RRIF and put it into a tax-free savings account. The fact of the matter is that this increase in the TFSA limit benefited hundreds of thousands of people in many different demographics and income brackets.
It always comes back to the point where the Liberals need to be talked into giving taxpayers' money back to hard-working Canadians. Our default position is that government needs a reason to take the money, not a reason to leave the money in the pockets of Canadians. That is the fundamental difference between our two parties.