Why You May Not Want To Miss The First Year Of The First Home Savings Account (FHSA)

In the Federal Budget, 2022, The Government of Canada announced the introduction of the First Home Savings Account (FHSA). While the initial announcement was missing some of the details, the government has since provided clarity on who qualifies and how the account works – and the details may require you to act - before the end of this calendar year.  High Level, you may qualify for an FHSA if you:  Are a Canadian resident,  Are over the age of...