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Originally Posted by Ashasx
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.
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Yes, that part of it is good, although I wonder if it would make much difference to someone investing wisely and is globally diversified? They'd just have their Canadian holdings in that account, and use the other ones for foreign investments. This is one of those academic things you'd only see the true outcomes of years down the road to see if investments shifted to be more Canadian overall. I suspect they wouldn't.