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Decentralized Democracy

Hon. Arif Virani

  • Member of Parliament
  • Minister of Justice Attorney General of Canada
  • Liberal
  • Parkdale—High Park
  • Ontario
  • Voting Attendance: 64%
  • Expenses Last Quarter: $120,537.19

  • Government Page
  • Apr/18/23 3:36:26 p.m.
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Madam Speaker, pursuant to the budget document and the tax-free savings account, Canadian financial institutions, including the five major banks, are empowered to make that available as a product to their customers as of April 1, about 20 days ago. The second point begs the question of their economic growth. What I would point to is the economic growth under our government. We have recovered about 120% of the jobs that we had prior to the pandemic. That is a pretty incredible record of economic growth. What Canadians are doing is leveraging the benefits of that economic growth, including record low levels of unemployment, to assist with their savings. Savings will also benefit from some of the affordability measures that I outlined at the start of my speech, including, for low-income families, things such as the grocery rebate.
140 words
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