November 18, 1964 (26th Parliament, 2nd Session)

LIB

Allan Joseph MacEachen (Minister of Labour)

Liberal

Hon. A. J. MacEachen (Minisier of Labour):

(a) Yes. The advertisement also explains that the annuity must be registered as a retirement savings plan and that within certain

limits the cost of the annuity can be added to deductions and so lower the taxable income.
(b) No.
(c) The coupon accompanying the advertisement contains the phrase "Want to save on your income tax?".

Topic:   QUESTIONS
Subtopic:   ADVERTISING FOR GOVERNMENT ANNUITIES
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