The New (and Updated) Tax-Free First Home Savings Account
With rising housing prices often outstripping wage increases, it is more challenging than ever for Canadians to enter the housing market. The First Home Savings Account (FHSA) is a tax-efficient new tool to help first-time buyers save up to $40,000 for the purchase of a new home. The FHSA combines tax-deductible contributions (like an RRSP), […]
