CRA $8,000 Payment Update – Know Eligibility, Process and Funding Limits for 2024
For first-time homebuyers in Canada, the dream of homeownership can feel increasingly out of reach, with soaring home prices and tight mortgage requirements posing significant barriers. In 2023, the Canadian government introduced the First Home Savings Account (FHSA) to ease these challenges. Combining the best features of a Registered Retirement Savings Plan (RRSP) and a … Read more