Four New Federal Housing Policies
Monday Apr 15th, 2024
ShareWell…it’s a start. Our Federal Government has announced 4 new measures they believe will make it easier for home ownership in Canada: 1. As of April 16, Canadians can now take up to $60,0000 out of a registered retirement savings plan (RRSP) to put towards the down payment of a ‘first home’. This is an increase from the previous RRSP limit of $35,000. The Home Buyers Plan allows individuals to make this tax free, RRSP... [read more]