Canadians: $8000 CRA Tax Benefit in 2024 – Check FHSA Eligibility Criteria
The Canadian Revenue Agency (CRA) established the First-Time Home Buyer Incentive (FTHBI) by 2023 to reduce the monthly mortgage payment for first-time homeowners, thus aiding them to enter the market for housing. Canadians with no home that they own are able to receive a loan from the First-Time House Purchaser Savings Account (FHSA) for a … Read more