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RRSP Home Buyers’ Plan

 

Amount:

You can use up to $25,000 from your RRSP

Who is Eligible:

Canadian first-time home buyers

Description:

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $25,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability.

Steps to Get this Rebate:

  1. Determine if you’re eligible by visiting this page.
  2. Learn how to withdraw funds from your RRSP by visiting this page.

When the Rebate Ends:

Ongoing

Contacts:

Website: Visit CRA’s web page on the Home Buyers’ Plan

Amount:

You can use up to $25,000 from your RRSP

Who is Eligible:

Canadian first-time home buyers

Description:

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $25,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability.

Steps to Get this Rebate:

  1. Determine if you’re eligible by visiting this page. 
  2. Learn how to withdraw funds from your RRSP by visiting this page. 

When the Rebate Ends:

Ongoing

Contacts:

Website: Visit CRA’s web page on the Home Buyers’ Plan

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