By Jonathan Chevreau
No surprise that the Broadbent Institute — a newish left-leaning think tank that counterbalances the rightish Fraser Institute — has concluded in its report Double Trouble that only the “rich” would benefit from the promised doubling of annual contribution limits for Tax-free Savings Accounts (TFSAs.)
You can read the Financial Post’s front page story by Garry Marr (aka @DustyWallet on Twitter) here and the Globe’s version here.
I was particularly interested in the CBC website’s coverage, and especially the almost 900 reader comments that have been piling on. For instance, one reader said:
What was the big surprise here? you need money to make it?
Or this:
The government doesn’t lose anything. The NDP lose votes. The TFSA is one of the few programs the average guy and gal can use. The NDP should be all over the TFSA and tell Canadians how they would make it better faster. This is really bad electioneering on their part. The NDP should be trying to convince the public TFSA were their idea.