The FHSA

The First Home Savings Account is the most generous account Canada offers a first-time buyer — deductible going in like an RRSP, tax-free coming out like a TFSA. These pages walk through how it works, the $8,000-a-year and $40,000-lifetime limits, the December 31 deadline, and how to weigh the FHSA against your RRSP and TFSA for a down payment. Educational only — nothing here is advice.