This rhetoric is very disconcerting. As a young hard working Canadian I'm taxed at over 50% and am being asked to pay $1m for a simple house in Toronto at a time when reports suggest my cohort and I are the first modern generation to be economically worst off than our parents. The TFSA is available equally for all to use with after tax dollars. The story alludes to punishing those citizens that have been prudent with their budgets and had investment success (after paying income tax). It's an extreme puzzle to me why one would want to alter a fair and equal savings vehicle that is one of the few flexible tax advantages young Canadians have. Like most public sector employees I don't have a defined benefit pension plan.  It's bad enough there may not be money left for me in the public pension for when I retire.