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HBP vs. FHSA: Best Home Buying Option? Thumbnail

HBP vs. FHSA: Best Home Buying Option?

Navigating the complexities of buying your first home in Canada's challenging economic climate? Explore the differences between the Home Buyers' Plan (HBP) and the Tax-Free First Home Savings Account (FHSA). Understand eligibility, contribution limits, and the strategic advantages of each to make informed decisions on funding your home purchase, whether through withdrawing RRSP funds tax-free with the HBP or benefiting from tax-deductible contributions and tax-free withdrawals with the FHSA.

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