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First Home Savings Account (FHSA)

A tax-free savings account designed to help you save for your first home.

 

Why invest in a FHSA?

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Reduce your taxable income

Contributions to your FHSA reduce your taxable income.

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Grow your savings tax-free

Any interest or income earned on your FHSA is tax-sheltered.

Saving a little over time adds up

You only need to fund your FHSA with $50 to start saving. Our Pre-authorized payments plan can be customized to your needs and budget.

Combine programs

You can participate in the Home Buyers Plan and FHSA to purchase a qualifying home.

 
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Fast Facts about FHSA

Here's what you need to know about your First Home Savings Account

 
 

Let us help you get started with an FHSA

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Thinking of buying a home?

Meet with a mortgage expert who is invested in you.  

 

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Level up your financial know-how

Is the First Home Savings Account the key to getting you into your first home?

We've compiled an FAQ to help you level up your knowledge of the FHSA.

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Guide to budgeting

Our guide to budgeting will help you take some of the mystery out of building and maintaining your budget.

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Tips for saving for a down payment

Before you can even think about where the couch should go and what colour to pain the walls, how the heck do you manage that down payment?

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