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First Home Savings Account (FHSA)

A tax-free savings account designed to help you save for your first home.
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Why invest in a FHSA?

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Grow your savings tax-free

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

Reduce your taxable income

Contributions to your FHSA reduce your taxable income.

Combine programs

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

Set up your FHSA your way

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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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