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Tax-Free First Home Savings Account (FHSA)
Across Canada, increasing housing prices have made home ownership unaffordable for many.
Today we’re talking about the recent announcement by the federal government to help more Canadians get into the housing market: the new Tax-Free First Home Savings Account (FHSA) set to be implemented in 2023.
The FHSA is the latest in a long list of investment and savings accounts available to Canadians for saving towards home ownership and retirement goals. At its core, this plan attempts to supercharge a young person's ability to save for a down payment.
In this episode, Marcelo and Keith review why…
The skinny
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