A Canada First Conservative government will create the ‘Canada First TFSA Top Up’ allowing Canadians to contribute an extra $5,000 a year to Tax-Free Savings Accounts for investments in Canadian companies.
The existing $7,000 limit would remain, but Canadians will now be able to contribute up to an additional $5,000 a year if that money supports Canadian companies that employ Canadian workers and pay Canadian taxes.
The Canada First TFSA is about boosting Canadian businesses and unleashing our economy.
Learn more here.