Conservative Leader Pierre Poilievre announced Thursday that a government led by him would allow Canadians to contribute $5,000 more a year to their tax-free savings account (TFSA) — as long as that extra cash is being invested in Canadian companies.

Poilievre is pitching it as a way to keep more investment dollars at home because the extra contribution limit will be earmarked for Canadian investments alone.

  • Lemmyoutofhere@lemmy.ca
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    4 months ago

    What percentage of Canadians have maxed out their TFSA contributions?

    Edit: Looks like 4-5%, so this will only help the top 5% at most.