The Home Buyers Plan (HBP)
- This program allows you to withdraw up to $25,000 from your RRSP (Registered Retirement Savings Plan) to buy or build a new home.
Home Buyers Tax Credit
With the Line 369 Home Buyers Amount you can claim up to $5,000 for the purchase of a qualifying home in the year if both of the following apply:
- You or your spouse or common-law partner acquired a qualifying home
- You did not live in another home owned by you or your spouse or common-law partner in the year of