The Tax-Free First Home Savings Account (FHSA) may be the light at the end of the tunnel for Canadians who have been wanting to save to finally become a homeowner and to end their rental life. In the 2022 Budget, the Government of Canada introduced various programs to make housing more affordable for young people …
A Closer Look at the Tax-Free First Home Savings Account Read More »
One of the most important and major financial undertaking that an immigrant will face is buying their first home. It was nine years ago when our family bought our first home or what we consider our starter home. I once shared that experience in this blog. I will not lie, finding and buying our first …
Down Payment Assistance for First-Time Home buyers Read More »
It’s tax season once again, here in Canada, it is a common knowledge that the wages that you earned in a year will be taxed by Canada revenue Agency (CRA). And I will be honest to say that I am thankful that we only have to file taxes once a year (personally speaking). I am …