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The Canadian government introduced the First Home Savings Account (FHSA) in 2022 to facilitate saving for a first home. This tax-free account is designed to help more Canadians achieve homeownership. Now widely available, the FHSA offers significant benefits and rules aimed at making home-buying more accessible. This infographic provides a comprehensive summary of the FHSA's features and advantages.

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mailto:?subject=What%20Is%20the%20Tax-Free%20First%20Home%20Savings%20Account%20(FHSA)%3F&body=The%20Canadian%20government%20introduced%20the%20First%20Home%20Savings%20Account%20(FHSA)%20in%202022%20to%20facilitate%20saving%20for%20a%20first%20home.%20This%20tax-free%20account%20is%20designed%20to%20help%20more%20Canadians%20achieve%20homeownership.%20Now%20widely%20available,%20the%20FHSA%20offers%20significant%20benefits%20and%20rules%20aimed%20at%20making%20home-buying%20more%20accessible.%20This%20infographic%20provides%20a%20comprehensive%20summary%20of%20the%20FHSA's%20features%20and%20advantages. %0A%0Ahttps%3A%2F%2Fwww.heyadvisor.ca%2Fcontent%2F

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Have you heard of the First Home Savings Account (FHSA)? This tax-free registered account is designed to help more Canadians to become homeowners. This infographic summarizes some of the rules and benefits.

#financialadvisor #financialliteracy

#homeownership

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