This and that for your Sunday reading.
- Armine Yalnizyan counters the Cons’ spin on tax-free savings accounts. And Rob Carrick points out that raising the limit on TFSAs would forfeit billions of desperately-needed dollars to benefit only the wealthiest few in Canada: TFSAs are Swiss army knives – a financial knife, corkscrew, screwdriver and more. But doubling the annual contribution limit of $5,500 is a bad idea.
Message to the federal government: Please don’t, because we can’t afford it.…A report from the Parliamentary Budget Officer this week says the federal government would lose $14.7-billion a year in (Read more…)