The Home Buyers’ Plan (HBP) now allows first-time buyers to withdraw up to $60K from their RRSPs.
The HBP repayment grace period has increased to five years for withdrawals made between 2022 and 2025.
New HBP Rules: Boosting Your Down Payment
The Home Buyers’ Plan (HBP) now allows first-time buyers to withdraw up to $60K from their RRSPs.
The HBP repayment grace period has increased to five years for withdrawals made between 2022 and 2025.
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