Take advantage of the Home Buyers’ Plan

Use the money in your RRSP’s to take advantage of the Canada Customs and Revenue Agency Home Buyers’ Plan. First-time homebuyers purchasing a home in Brampton may withdraw up to $25,000 (tax-free) from their RRSP, and use it as a down payment or to cover other purchase-related costs. Spouses or partners can do the same, for a combined total of $50,000.

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