First Home Savings Account (FHSA)
Hello, Marie here!
Thought I would touch base with you with respect to Canada’s new First Home Savings Account (FHSA). I have been receiving quite a few queries on this new registered account introduced by the federal government this year.
A few points of interest:
For more information please call me or go to the government web page for more information about the FHSA.
Please note that while the Federal Government instituted this program effective April 1, 2023, many of the financial institutions are working hard to create the proper FHSA applications that are consistent with investment regulatory and compliance obligations.