This registered account came into effect on April 1, 2023. It is intended for Canadians ages 18 to 71 who wish to purchase a first home.
Eligibility requirements are similar to those of the HBP.
What is the FHSA?
The FHSA is a sort of fusion between an RRSP, a TFSA and the HBP, and was created to simplify personal finances for individuals whose goal is to buy a home.
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