Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that over 150,000 Canadians have already opened a tax-free First Home Savings Account to save for a down payment on their first home—putting homeownership back within reach across the country. The new tax-free First Home Savings Account is a registered savings account that allows Canadians to contribute up …
Minister Miller highlights new tax-free 1st home savings account
Montréal—As house prices have climbed, saving for a down payment is out of reach for many Canadians, particularly young people. Marc Miller, Minister of Immigration, Refugees and Citizenship, shared how the new tax-free First Home Savings Account is available and helping put home ownership back within reach of Canadians across the country. The new tax-free First Home Savings Account is …