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Home Buyers’ Plan

Home Buyers’ Plan

The RRSP is an effective way to make the purchase of your dream home a reality, thanks to the government program called the Home Buyers’ Plan (HBP).

This program allows you to withdraw up to $35,000 from your personal RRSP ($70,000 for a couple), without paying taxes on the withdrawal, for the down payment needed to purchase your first principal residence.

 

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