Buying your first home is a huge financial achievement. An FHSA is the first step to getting there — and we’ll help you along the way..

Reduce your yearly tax bill

Like an RRSP, an FHSA reduces your taxable income — meaning a nice discount at tax time.

Keep your gains tax-free

Like a TFSA, the growth in your investments (including dividends) can be withdrawn tax-free when used towards your first home, without any payback requirements.

Transfer without penalties

If you don’t end up buying a home, you can transfer the money to your RRSP without affecting your RRSP contribution room.