New “Maple Investment TFSA” Would Match Everyday Canadians’ Savings — Dollar for Dollar — When They Invest at Home (opens original article in a new tab)

The Canadian ETF Association proposes a new investment savings account, the Maple Investment TFSA, which would match everyday Canadians' savings dollar for dollar when invested in Canadian companies, aiming to keep savings within Canada's economy and support domestic businesses.

• Canadian ETF Association proposes Maple Investment TFSA to match everyday Canadians' savings dollar for dollar when invested in Canadian companies.
• The program would provide a $1,000 annual government match for households earning $90,000 or less, aiming to keep savings within Canada's economy.
• CETFA estimates the program would cost $2.7 billion annually but could attract $55 billion in new savings to Canadian investments over 25 years.