Dorel Samoila
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10/24/2023
You have probably already heard that the Government of Canada announced a new First Home Savings Account (FHSA). The FHSA is a registered plan allowing prospective first-time home buyers to save for their first home tax-free (up to certain limits).
Case Study - Joshin Joshin wants to maximize his $40,000 First Home Savings Account (FHSA) contribution room as soon as possible. However, he doesn’t have any money available to contribute this year.
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