The Canadian Government Introduced the Tax- Free Savings Account (TFSA)

The Canadian government introduced the Tax- Free Savings Account (TFSA) in 2009, which allows Canadians to earn tax- free investment returns on a limited amount of savings each year. What is the underlying goal of such a government policy?

A) to decrease the supply of financial capital to the economy
B) to increase government tax revenues
C) to maintain upward pressure on the equilibrium interest rate
D) to increase desired saving of Canadian households
E) to increase investment demand of Canadian firms