Personal Finance

Better Finances for a Better You

Topic: "First Home Savings Account (FHSA)"

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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.