RRSP Home Buyers’ Plan

The RRSP Home Buyers’ Plan lets you use $35,000 of your RRSP for a down payment on a home. But there are other things you need to consider.

When you mention RRSPs, most people think of them as the place to stash their retirement savings. But that’s just one of their many uses.

While you’re allowed to make an RRSP withdrawal, there are often tax implications if you choose to take money out of your account before retirement.

Having trouble funding the down payment on a mortgage for your first home? If you have an RRSP (or are planning on opening one soon), one of the first-time home buyers’ programs that might be worth … Read More

Sponsored by: After eight years of living in her apartment, Karyn began having the same feeling many renters experience. She loved her neighbourhood, a vibrant area close to shops, restaurants and parks. She never bothered driving … Read More

This month Ratehub.ca launched the Finance your Life infographic, a playful guide through paying for life’s big events.

If you’re like me, you spend lots of time dreaming about the big events in life. You probably spent your childhood wondering what your wedding day would be like. You might have daydreamed about buying a … Read More

Most people by now understand the basics of an RRSP and how contributions benefit us, but what happens when it comes to withdrawals? What if you need the funds for some other personal matter? Wouldn’t pulling … Read More

Since joining the Ratehub.ca team back in 2012, I’ve dedicated the last two weeks of December as a time for reflection on the blog. We work hard all year to try and bring you the content … Read More

Congratulations! You just put in an offer on a home and your realtor called to say the seller has accepted. Up until this point, you’ve been saving up for a down payment and your closing costs – potentially … Read More