What is the First Home Savings Account (FHSA) and is it right for you?

What is the First Home Savings Account (FHSA) and is it right for you?

February 27, 2024 | Curtis Grainger Jason Fields

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With the RRSP Deadline coming this week (Feb 29th this year) we wanted to bring to our clients attention a new investment vehicle that the federal government announced in mid 2023.  The First Home Savings Account is a new investment account to help younger Canadians, our clients children and grandchildren, get a head start towards savings for the purchase of their first home.  Take a look at this ARTICLE to find out more details about the advantages of this account.  If you have any questions or would like more detail around this account please reach out to us directly.  

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