Mr. Speaker, I want to thank my friend for outlining our government's priorities on how this bill will help the middle class.
During the summer, I met a lot of people in the constituency who received the Canada child benefit, tax free, for the first time. The difference it is making on individual lives is phenomenal.
I wonder if our member could outline the issues with respect to the TFSA. In many ways, the TFSA was short-sighted in terms of increasing the amount of tax-free growth within the TFSA. It will debilitate our future generations from getting the benefit of tax revenue. Therefore, could our member advise as to the changes, and how those will benefit the economy right away and ensure we have a long and steady stream of tax revenue so that future generations are not debilitated?