Under the Home Buyers' Plan, an individual can withdraw an amount from his or her own RRSP and use it towards the purchase of a home on a tax-free basis. However, there are certain conditions and limitations
Many Realtors across the country are acting on a CREA call to action to let their MPs know why making changes to the Home Buyer’s Plan will make it a more effective vehicle to enable more Canadians to afford their own home.
The Realtors Association of Edmonton is urging all candidates in the 2015 federal election to support an increase to the maximum borrowing amount available to consumers through the Home Buyers’ Plan (HBP).
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
REM is independently owned and operated, and is not affiliated with any real estate association or board.