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Contributing to family members’ FHSA & more!

October 2023

In this episode of Finance Friday on CHCH Morning Live, Dave dives deep into the First Home Savings Account (FHSA), answering your burning questions. Can you contribute to a family member’s FHSA? How does FHSA compare with other registered accounts like TFSA, RRSP, and RRIF? And where can you find more information on FHSA and incentives for first-time homebuyers? Tune in for these insights and more!

Highlights:

  • Contributing to a family member’s FHSA
  • FHSA vs. TFSA and market fluctuations
  • Where to find FHSA information & first-time homebuyer incentives

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Strong financial literacy is key to making informed decisions about money.