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In addition to the first-time homebuyer savings account bill, the Banking Committee will hear testimony on six other bills: S.B. 1255, which would redefine “community bank” and “community ...
While the RRSP Home Buyers’ Plan (HBP) and a tax-free savings account are familiar tools for first home savings, adding an FHSA into the mix can help your money go even further.
Many Canadians consider homeownership a significant milestone, and the First Home Savings Account (FHSA) introduced in 2023 offers a unique and efficient way to achieve this goal. The FHSA ...