Home Buyer’s Plan (HBP)

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The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $25,000 (after January 27, 2009), from your registered retirement savings plan (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability.

Click on one of the topics below to learn more about the HBP.

Topics about Home Buyers’ Plan

Conditions — Conditions that have to be met before you can withdraw funds from your RRSPs under the Home Buyers’ Plan

Participating — How to participate in the Home Buyers’ Plan

Cancelling — How to cancel your participation in the Home Buyers’ Plan

Repayments — How to repay withdrawals made under the Home Buyers’ Plan

Special circumstances — What if the participant dies, becomes a non-resident, or reaches the age of 71

Questions and answers

Important dates

Forms and publications

For complete details go to CANADA REVENUE AGENCY

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If you have any questions or require more information, or have suggestion, please do not hesitate to contact me and I will be happy to assist you.

Best Regards,

Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
C: 647. 267. 6338 (Direct-Leave message or text)
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