Mr. Speaker, I would note that this government is retaining income-splitting for seniors, and while the TFSA is an excellent vehicle for everyone, including seniors, only 6.3% used it up to the cap, and that was the lower cap in 2013. My issue is not with the concept of the TFSA or using the TFSA for all of us, including seniors; the question is whether the cap needed to be doubled when less than 7% used it up to the cap.
In the House of Commons on March 7th, 2016. See this statement in context.