Quote:
Originally Posted by Fuzz
Do most ordinary people really have an extra 5k to invest, anyway? This is mostly a gift to the already financially comfortable at the cost of taxing their investment income. I don't know that this is a great policy for most Canadians, but am open to being convinced otherwise.
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I agree that it's likely not going to benefit most Canadians in the idea of earning more earnings on their TFSA, but the thing I like the most about it is encouraging further investment in Canadian companies.