RE: RE: TFSA'sI'd glad they did what they did because I'd rather that than to see them have to raise taxes some other way because of all the lost corporate income taxes due to a company such as Bell (or who ever else) turning into an income trust to avoid taxes. It was getting out of hand and someone had to do something about it. It's not like it was the first time a politician said one thing and did another. The Liberals have done their fair share and then some over the years, both Federal and Provincial. Does the statement "vote us in and we will eliminate the GST" ring a bell for one? In Ontario Mcguilty broke virtually every one of his first time election promises and then he tried to blame it on the previous government because "he didn't realize things were so bad".
TFSA's will be around for as long as RRSP's will be around. No government at this point would risk the voters wrath by eliminating it. As well TFSA's are a drop in the bucket in relation to the deficit. In case you haven't heard we are in a recession and the government was forced to introduce a deficit inducing stimulus package. Fortunately they brought in a package that was far less than what the opposition was screaming for and that same opposition group is now trying to say the deficit is because of poor management. If you want to point out lies try starting there.
Cheers.