Table of Contents What is the First Home Savings Account (FHSA)? The First Home Savings Account (FHSA) is a registered plan designed to assist first-time homebuyers in Canada. Here are the key points: Purpose: The FHSA allows you to save for your first home tax-free, up to certain limits. Eligibility: To open an FHSA, you must be a first-time homebuyer. Contributions: You...
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