April 8, 2015 – Anna Mehler Paperny, Global News
The federal Conservatives have indicated they’re going to double the amount Canadians can invest in tax-free savings accounts each year, from $5,500 to $11,000.
“Canadians know that we stick to our commitments,” Finance Minister Joe Oliversaid in a letter to Tory MPs Tuesday, apparently referring to a pledge in the last election to double the limit once the budget was balanced. “I will present a balanced budget that will make life more affordable for Canadians.”
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