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Finance committee  I think that people misunderstand passive investments—and there are some things there that also need changing—because they assume that they're only for retirement savings. I don't know how many business owners you've spoken to, but they're saving money for the days when they have

October 4th, 2017Committee meeting

Clay Gillespie

Finance committee  It's really shocking to see that most people think long-term care is provided under the Canada Health Act. That's the first misnomer you have to deal with. On the ability to pick the region, B.C. may have one of the better areas, but you could be moved way out of range of your fa

October 4th, 2017Committee meeting

Clay Gillespie

Finance committee  That is correct.

October 4th, 2017Committee meeting

Clay Gillespie

Finance committee  I would say that about 35% of them are.

October 4th, 2017Committee meeting

Clay Gillespie

Finance committee  First, they were frustrated with the tone of the message, as if they were breaking rules or something. Once we got beyond that and described what the proposals were actually trying to achieve, it was interesting to note that some of the proposed measures didn't bother them. The

October 4th, 2017Committee meeting

Clay Gillespie

Finance committee  To be clear, on long-term care there are many different ways that you can deal with it. We believe that any incentive that helps Canadians save for long-term care would be a good solution. Our solution revolves around using the RRSP as an avenue to help people fund, because lon

October 4th, 2017Committee meeting

Clay Gillespie

Finance committee  Thank you, Mr. Chair and members of the committee, for allowing me to take part in this year's pre-budget consultation in my home town of Vancouver. I greatly appreciate each of you travelling to B.C. for this meeting. This happens to be my second appearance before this committee

October 4th, 2017Committee meeting

Clay Gillespie