First-Time Home Buyer Account (HBP)
The First-Time Home Buyer Account (HBP) is a program in Canada that allows first-time homebuyers to withdraw up to $35,000 from their Registered Retirement Savings Plan (RRSP) tax-free to use towards the purchase of a qualifying home. The program was introduced by the Canadian government to help make it easier for Canadians to save for … Read more