RRSP HBP

Thinking of buying your first home in the next few years but wondering how you will come up with the minimum 5% down payment? You’re not alone. Saving for a down payment is one of the … Read More

When you mention RRSPs, most people think of them as the place to stash their retirement savings. But that’s just one of their many uses.

Having trouble funding the down payment on a mortgage for your first home? If you have an RRSP (or are planning on opening one soon), one of the first-time home buyers’ programs that might be worth … Read More

Most people by now understand the basics of an RRSP and how contributions benefit us, but what happens when it comes to withdrawals? What if you need the funds for some other personal matter? Wouldn’t pulling … Read More

Flickr: 68751915@N05 The following article is a guest post by Kyle Grooms, a financial security advisor in Toronto, and looks at tactical ways to use TFSAs and RRSPs to save for a down payment. A common thread … Read More

*Maximum withdrawal amounts have been updated to reflect changes made in 2019 Together, with friends at The Loop by Sympatico.ca, we decided that the most commonly misunderstood part of buying a home is the calculations that go along … Read More