A Guide to Unlocking the Benefits of Canada’s Tax-Free First Home Savings

First Home Savings Account

Unlocking Homeownership Dreams: An In-Depth Look at Canada’s First Home Savings Account (FHSA) In the 2022 budget, the Canadian government introduced a new tax-free savings tool to help Canadians save for their first home. Scheduled to roll out in April 2023, the First Home Savings Account (FHSA) is aimed at making it easier and more […]

Canada’s New Foreign Buyer Ban РJanuary 2023

Canada

Canada Implements Foreign Buyer Ban on Real Estate Purchases Starting January 1st, 2023 On April 19th, 2021, the Canadian government announced that it would be implementing a foreign buyer ban on real estate purchases starting January 1st, 2023. This new law from Bill C-19 will prohibit foreign buyers (both people and commercial enterprises) from purchasing […]