Conservative Leader Pierre Poilievre announced Thursday that a government led by him would allow Canadians to contribute $5,000 more a year to their tax-free savings account (TFSA) — as long as that extra cash is being invested in Canadian companies.

Poilievre is pitching it as a way to keep more investment dollars at home because the extra contribution limit will be earmarked for Canadian investments alone.

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[–] 3 points 1 year ago

One of my tfsa is in investments using wealthsimple.

They do report tax info so I guess that's one way.

Or, you would send the new tax forms with your proof of investment.

Still, it'e an all around stupid idea that nobody really needs.

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