Good morning,
Since announced in the 2022 Budget, we have received many questions and inquiries into the new savings accounts intended for First Time Home Buyers.
I have included the following link as it outlines key features of the new FHSA, scheduled to be available in April. The link will take you to an RBC article centered around 9 questions answered about the new accounts. Find out who can open an FHSA, what the tax benefits are, how it differs from the Home Buyers’ Plan and more. To learn about the FHSA, please click here.
Have a great weekend,
Devin