RESP Bill a Winner

Liberal MPs are constantly thinking for new and innovative ways to make life better for Canadian families. The recent passage in the House of Commons of Dan McTeague's bill is a perfect example of this. It would allow parents to make tax-deductible contributions of up to $5000 per child per year.

This policy would be good for Canadians in the present and excellent for Canadians in the future. Allowing parents to invest in their children today ensures that tomorrow those children will be able to pursue their dreams and become highly educated and productive members of society, which benefits all Canadians. No child should have to decide against going to university or college because the cost is too high.

Although I believe that the government has a great responsibility to invest significantly in the education sector, I believe that we should also make it easier for parents to assist in this as well. Innovative thinking is what we need in Canada and I am proud that this idea came from a Liberal MP.