The Canadian government’s Home Buyers’ Plan (HBP) allows you to borrow up to $25,000 from your RRSP, tax-free, to help you purchase a home. Note that this is considered a loan and you must repay it within 15 years.
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The Canadian government’s Home Buyers’ Plan (HBP) allows you to borrow up to $25,000 from your RRSP, tax-free, to help you purchase a home. Note that this is considered a loan and you must repay it within 15 years.
« Back to Glossary Index