Mr. Speaker, I would like to thank the member for Foothills for his impassioned defence of tax-free savings accounts. Of course the question before the House is not whether we should have TFSAs; it is whether the contribution limit should be $5,500 or $10,000.
The member for Foothills talked about the large number of Canadians who might use TFSAs to some extent. However, does he acknowledge that fewer than 7% of Canadians actually reached that maximum of $5,500 in contributions, and that therefore it would be a relatively small and relatively affluent group that would gain from increasing that limit to $10,000?