Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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no, he is referring to the total contribution room that would have been available as of Jan.1, 2014, if you had never contributed before. That would be $31,000

https://en.wikipedia.org/wiki/Tax-Free_Savings_Account

  • 2009: $5,000
  • 2010: $5,000
  • 2011: $5,000
  • 2012: $5,000
  • 2013: $5,500
  • 2014: $5,500

The allowed sum of contributions as of 2014 is therefore $31,000.[12]

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