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What Is the Tax-Free First Home Savings Account?

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The Canadian government is proposing a new registered account to make saving for your first home easier. The First Home Savings Account (FHSA), which was announced in the 2022 federal budget, will be a tax-free account designed to help more Canadians become homeowners. This infographic summarizes some of the rules and benefits of a FHSA.
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The Canadian government is proposing a new registered account to make saving for your first home easier. The First Home Savings Account (FHSA), which was announced in the 2022 federal budget, will be a tax-free account designed to help more Canadians become homeowners. This infographic summarizes some of the rules and benefits of a FHSA.
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mailto:?subject=What%20Is%20the%20Tax-Free%20First%20Home%20Savings%20Account%3F&body=The%20Canadian%20government%20is%20proposing%20a%20new%20registered%20account%20to%20make%20saving%20for%20your%20first%20home%20easier.%20The%20First%20Home%20Savings%20Account%20(FHSA)%2C%20which%20was%20announced%20in%20the%202022%20federal%20budget%2C%20will%20be%20a%20tax-free%20account%20designed%20to%20help%20more%20Canadians%20become%20homeowners.%20This%20infographic%20summarizes%20some%20of%20the%20rules%20and%20benefits%20of%20a%20FHSA.%0A%0Ahttps%3A%2F%2Fwww.heyadvisor.ca%2Fcontent%2F
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