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RRSP Home Buyers Plan
With the help of the CRA's Home Buyers' Plan, qualified first-time homebuyers can withdraw up to $35,000 tax-free from their RRSP to use as a down payment on a house. By participating in this programme, you can benefit from the tax benefits that RRSP contributions offer while setting aside money for a down payment on a property. In this video I am explaining the plan in detail.
First Time Home Buyers - https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-home-buyers-plan/participate-home-buyers-plan.html
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Disclaimer - I am not a Financial Advisor!
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