First Time Buyers Plan

The best real estate program to help you become a homeowner

The Home Buyers’ Plan (HBP) is a government program which allows first-time home buyers like you to gain financial autonomy. You can become happy homeowners while at the same time building a retirement fund within a Registered Retirement Savings Plan (RRSP). A double advantage!

Is the HBP right for me?

And what’s more, while you’re fulfilling your dream of owning a home, you’ll also be getting income tax refunds worth thousands of dollars. For spouses who work, these refunds can be between $10,000 and $21,000, which is quite sufficient to purchase your first home. The HBP allows each taxpayer to withdraw up to $20,000, tax-free, from their Registered Retirement Savings Plan (RRSP) to purchase a home.