Securing a place to call your own is a dream that's becoming more attainable, even in the face of rising housing costs, inflation, and higher interest rates. The First Home Savings Account (FHSA) has emerged as a beacon of hope for prospective first-time homebuyers. This innovative tax-free registered plan empowers...
Tag: FTHB
The Bank of Canada's Big Rate Drop – How does this affect you?
Part One - THE BENCHMARK RATE Last week, the Bank of Canada ( BoC) dropped their prime rate to 3.45% from 3.95%, the first rate cut since October 2018. Everyone by now has heard that news, but what does this mean to you? I’m creating a series of posts to...