2min chapter

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28: Is It Ethical to Build Wealth When Poverty Exists?

Money Feels

CHAPTER

The Liberal Government's Tax Shelter for the Rich

The first home savings account is a tax shelter for the rich. The accounts have no restrictions on when you withdraw, and there are no fees. But they haven't done anything to improve housing affordability in Canada. "We really do subsidize affluence and we penalize poverty," says Ms Boudreau.

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