How does the FHSA work in 2023?
As you know, the cost of owning a home continues to rise. Young adults are struggling as years of savings are becoming more inadequate towards their first home goals. To address this, Budget 2022 proposed a new Tax-Free First Home Savings Account (FHSA), a new registered account to help individuals save for their first home.
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Jacqueline Ozdemir is a Financial Advisor at Assante Capital Management Ltd. Assante Capital Management Ltd. is a Member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada. Insurance products and services are provided through Assante Estate and Insurance Services Inc.
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