4 mins
RRSP & TFSA

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Future homeowners: How familiar are you with the new FHSA?

Discover the new savings vehicle for future homeowners.

The Tax-Free First-Home Savings Account (FHSA) is a brand-new investment vehicle available to first-time buyers. It allows you to contribute up to $40,000 on a tax-free basis to accumulate a down payment. How does it work and how can you take advantage of it?

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