Mr. Speaker, I would like to thank my neighbour MP from Moose Jaw—Lake Centre—Lanigan for not running in Regina—Lewvan. I would also like to thank him for his able chairmanship of the government operations committee, on which I also serve. Finally, I would like to thank the member for his speech.
I would like to pick up on the point he raised about TFSA contribution limits being cumulative from one year to the next. It seems to me one of the problems with the contribution limit of $10,000 is that over the years and decades it would enable wealthy Canadians to accumulate pools of hundreds of thousands of dollars of investments that would be completely untaxed, and this could contribute significantly to growing inequality and would erode public finances. I wonder what the member thinks about that prospect, looking into the future.