First Time Home Buyers

How to Save for Your First Home

Posted on Jan 19, 2024 in First Time Home Buyers


There are now some great opportunities to save for your first home. In April 2023, the federal government introduced the First Home Saving Account. This new savings tool is a registered plan allowing you, as a prospective first-time home buyer, to save for your first home tax-free (up to certain limits) and tax deductible. To be eligible a person m...

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