Mr. Speaker, looking back at the 10 years when the Conservatives were in power and TFSAs were at $5,500, they allowed a lot of Canadians to save and to put away something for their retirement.
Retirement savings are important. However, the $11,000 limit was foolish, to be frank. I do not know many Canadians who could set aside $11,000 of after-tax income a year to be saved for their TFSA. We reversed it, and left it at $5,500. It will gradually increase as inflation increases.
We put in place a number of measures. If we wanted to look at the marginal propensity to consume or spend, it is where Canadians need it the most, and those who need it the most are benefiting. That is showing up in our 3% economic growth rate last year. It is showing up in the 2% above-trend growth rate this year, as commented by the Governor of the Bank of Canada.
It is something we are proud of, whether it is the Canada workers' benefit, the Canada child benefit, or how those programs have been designed. They have been designed to give to Canadians who need it the most.
If I could just add, we have done more than that when it comes to skills training. We also need to get Canadians trained for those jobs of the next century and the next decade, so we can ensure their success. That is something that is big. It was big in our fundamental research within the budget. It is big within our government. It has been in the last three budgets, including this one. Skills training and fundamental research are things we can be proud of. We know the world economy is changing very rapidly, and we need to make sure that all Canadians have the skill set to enable them to maximize opportunities for themselves and their families.