Why the FHSA could be called the ‘full-time renters’ program’

The new tax-free First Home Savings Account (FHSA) could be one of the most popular tax-advantaged investment vehicles available to Canadians, combining the benefits of a registered retirement savings plan (RRSP) and a tax-free savings account (TFSA).  Really, you cannot get much better than that!

Globe Advisor reporter Brenda Bouw spoke with Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth in Toronto, about how investors can take advantage of the FSHA.

https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-why-the-fhsa-could-be-called-the-full-time-renters-program/?utm_medium=email&utm_source=Globe%20Advisor&utm_content=2023-4-28_7&utm_term=Why%20the%20FHSA%20could%20be%20called%20the%20%E2%80%98full-time%20renters%E2%80%99%20program%E2%80%99&utm_campaign=newsletter&cu_id=dndjmHlY%2BHJUTCo6yWGwwXVL%2FrXh3H49dL8gWiNw2%2FU%3D

Worldsource will be ready to launch the brand new FHSA in early June.     Questions on this new plan type?  Give Julie a call.