Personal Finance

Better Finances for a Better You

Topic: "First Home Savings Account (FHSA)"

← Curating the web to find the most interesting and helpful information about your money.

Infographic of the week

Mapped: Fastest Growing (and Shrinking) Cities in the U.S. and Canada

Despite Canada having a population just 12% the size of the United States, the country was home to a majority of the fastest-growing cities between the two neighbouring countries.

Mapped: Fastest Growing (and Shrinking) Cities in the U.S. and Canada Toronto is the Fastest-Growing City in Canada and the U.S. →

Infographic of the week

Global Real Estate Bubble Index 2024

This graphic shows real home price growth in real estate bubble markets over the last decade

Global Real Estate Bubble Index 2024 Where do Canadian cities rank? →

New Canadian Mortgage Rules

In an effort to ease the housing shortage, the federal government is implementing new mortgage regulations, this time with an emphasis on encouraging the building of secondary suites.

New Canadian Mortgage Rules How will Canada’s new mortgage rules affect your plans to buy a home? →

Saving

A first home savings account (FHSA) is a registered plan allowing you, as a prospective first-time home buyer, to save for your first home tax-free (up to certain limits). You will be able to open an FHSA starting April 1, 2023.

Saving First Home Savings Account (FHSA) →

← Curating the web to find the most interesting and helpful information about your money.