First-Time Homebuyer Programs
Friday Nov 4th, 2022
ShareIn Canada, various programs are available for first-time homebuyers, with the aim to help make buying your first home easier. RRSP Home Buyers’ Plan If you haven’t purchased a home within the last four years (or lived in a spouse’s home in the same timeframe), you may qualify for the RRSP Home Buyers’ Plan. With this plan, you may borrow up to $35,000 tax-free from your RRSP to fund your down payment. Just keep in mind that the money must be in your RRSP... [read more]