After handing out billions of dollars in tax cuts, Finance Minister Jim Flaherty's spring budget on February 26th had few goodies as he warned of tough economic times ahead. But Flaherty did unveil what he called the single most important savings vehicle since the introduction of the RRSP. The Tax-Free Savings Account would allow Canadians to contribute up to five-thousand dollars every year.

Date: 2008-02-26
Placeline: OTTAWA, Ontario.
Source: The Canadian Press
Length: 16 seconds

Transcript Prediction: << flexible registered general-purpose account will allow Canadians to watch their savings grow tax-free it's the first account of its kind in Canadian history >>

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