First time home buyer? Don’t forget about the RRSP Home Buyers’ Plan. It can be all or part of your down payment. The rules have changed in recent years, so if you think you know them, double check here! What is the Home Buyers’ Plan? Benefits Who can participate in Continue Reading
rrsp
First Time Home Buyers
The Federal Home Buyers Plan allows first time home buyers to withdraw up to $20,000 from their RRSP for the purpose of buying or building a qualifying home. The primary benefits are that the RRSP issuer will not withhold tax on the amount nor will you have to claim the Continue Reading