Doubling contribution limit to Tax-Free Savings Accounts exposes true intent of a bad policy
Apr 15, 2015
Last week, federal finance minister Joe Oliver re-affirmed that his government seeks to double the annual limit to Tax-Free Savings Accounts (TFSAs), from $5,500 to $11,000. This is a terrible idea. When the TFSA was first introduced, the claim at the time was that the policy was intended to support modest income people wanting to… View Article