No Strings Attached: How The Tax-Free Savings Account Can Help Lower-Income Canadians Get Ahead
John Stapleton and
Richard Shillington
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John Stapleton: St. Christopher House
Richard Shillington: Tristat Resources
No 64, e-briefs from C.D. Howe Institute
Abstract:
The federal government’s new Tax-Free Savings Accounts (TFSAs) can help correct the problem of government clawback provisions that discourage or effectively prohibit spersonal saving, provided that provinces and territories refrain from imposing new asset tests and clawbacks that undo savers’ potential gains.
Keywords: fiscal policy; tax-free savings accounts (TFSA) (search for similar items in EconPapers)
JEL-codes: E21 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2008-09
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Published on the C.D. Howe Institute website, September 2008
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Persistent link: https://EconPapers.repec.org/RePEc:cdh:ebrief:64
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