Life insurance industry commends the federal budget

The Canadian Life and Health Insurance Association (CLHIA) commends the federal government and Minister Flaherty for the 2008 Federal Budget. “We welcome and support the continued fiscal prudence demonstrated by the Government of Canada,” reads CLHIA’s statement.

In particular, we welcome the new Tax-Free Savings Account initiative. The life and health insurance industry looks forward to helping Canadians use this vehicle to invest in their future,” said CLHIA President Frank Swedlove.

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