Finance committee  Sure. I can give you an overview now. About 8% of people have a TFSA, which is about 4% of the adult population. For RRSPs, you're looking at not quite 10% of earners. We will provide more complete information in writing.

Finance committee  I think you could expect not only those who are constrained by their RRSP and TFSA limits to open a first home savings account. In fact, the tax treatment of a first home savings account is preferential to what it is for either of those two other vehicles. We'll see. Every indivi

Finance committee  Mr. Chair, I would just note that we are here as officials to respond to questions on the subject matter of Bill C-32, which does have some measures from the fall economic statement, but it also has measures from budget 2022 and previous budgets, as explained by my colleagues. W

Finance committee  Mr. Chair, I regret that I have to give the same answer. We're here to discuss what was on the notice for the meeting, which is the subject matter of Bill C-32.

Finance committee  Mr. Chair, we'll have to treat that as we've treated the last few questions given that it's on the fall economic statement and not on Bill C-32.

Finance committee  Mr. Chair, we don't have a specific number for that. I would note that the measures taken together have a net-positive fiscal impact. I think that would want to be....

Finance committee  I think what I'd note, Mr. Chair, is that yes, while we can't discuss the analysis itself, we can say that economic analysis is a key part of the assessment of any measure. What's really difficult in all these cases is putting a very specific number on what the potential impact

Finance committee  Mr. Chair, I'd like to thank the member for his question. What we can say is that the government decided to provide this additional savings opportunity to Canadians. We're not at liberty to discuss what options were under consideration.

Finance committee  Thank you for the question. I don't think a tax credit is the most effective way for the government to promote public transit. Budget 2017 did, however, set out major investments in public transit infrastructure. Some of my colleagues could no doubt speak to that in greater det

Finance committee  We'll follow up with those numbers.

Finance committee  We can follow up with exact numbers. What I can say now is that I think it's fairly evenly distributed across the population, when you think in terms of who takes public transit. That would seem reasonable. There are a good number of individuals with low incomes who claimed the

Finance committee  Thank you for your question. As I said, the purpose of the measure was to encourage increased public transit use. It must be said that it isn't just public transit users who have taken advantage of this tax credit. All in all, the number of users hasn't changed much during these

Finance committee  No, we don't. The announcement was pretty sparse on details, so, it's unclear exactly who would qualify. Because of that, we're not in a position to provide a cost estimate. We don't know who will get it.

Finance committee  No, to the best of my knowledge, not by our department.

Finance committee  We estimate that the consolidation of these measures into the Canada caregiver credit will be a net reduction of federal taxes by about $310 million over the fiscal planning period, that is, from 2016-17 through 2021-22.