FHSA

• Who has opened an FHSA, and how much are they saving? What CRA data shows

  Here's how much Canadians were able to sock away in their first-home savings accounts in the first year the vehicle was available for homebuying hopefuls.

  Money

  May 31, 2024
  
• Did you open an FHSA last year? Why your tax refund might be delayed

  Some Canadians who opened a first home savings account (FHSA) in 2023 have reported delays getting their tax returns processed by the Canada Revenue Agency.

  Money

  Mar 20, 2024
  
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• 5 things to know before opening a first home savings account

  The first home savings account is a 'must-have' for would-be homebuyers trying to break into the housing market, one expert says. Here's how to make the most of it.

  Money

  Mar 9, 2024
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• RRSP deadline: Some experts say it’s best to ‘think twice’ before contributing

  The deadline to contribute to the registered retirement savings plan (RRSP) is coming up, but a new option to lower taxable income while saving for a home complicates the decision.

  Money

  Feb 10, 2024
• 250K Canadians have opened a first home savings account: Freeland

  Canadians have opened up 250,000 first home savings accounts so far, marking a rapid uptake for the new vehicle launched earlier this spring.

  Money

  Oct 31, 2023
• Are starter homes still affordable? Here’s how to break into the market

  Breaking into Canada's housing market is no easy task. Here's what to look for in your starter home, including why not every property you can afford is right for you.

  Money

  Jun 24, 2023
• First home savings account: Here’s how you can use it alongside your TFSA, RRSP

  The FHSA has arrived. If you're saving up to buy a home and are not sure where the FHSA fits in with the TFSA and RRSP, here's what you need to know.

  Money

  Apr 22, 2023
• First home savings account: Banks say they’re not ready for an April 1 launch

  The first home savings account, a cornerstone of the federal Liberals' 2022 budget, will not be ready when it goes into effect on April 1.

  Money

  Mar 21, 2023
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• Saving for a down payment? Here’s a look at the accounts that can help you

  The number of investment savings accounts for Canadians looking to buy their first home can seem daunting. Experts say each have their advantages - and limits.

  Money

  Apr 21, 2022