new federal budget: a huge gift for investors
Canadian Capitalist has the primer on the new federal budget windfall available in 2009:
Tax-Free Savings Account (TFSA)
His take on it:
My personal opinion is that the TFSA is a vast improvement over any half-baked scheme to defer capital gains.My take on it? It's a great measure for investors with fresh money to invest. I'm not sure what it does for low income families. I'd be curious to see what measures in the budget were targeted for low-income families if any.
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