Madam Speaker, certainly the cost of housing, especially in places like British Columbia, in Vancouver, is of significant concern. I have three children in their twenties who in the next few years might be looking at purchasing their first home. One of the tools that my children were using when they had opportunities at different times to invest was a TFSA. Their TFSAs were intended to ultimately provide maybe a down payment on a home. Certainly, moving that limit back to $5,000, for youth throughout this country who might have a small inheritance and want to protect it until they are ready, is another example of what was poor policy within this budget.
In the House of Commons on April 11th, 2016. See this statement in context.