TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FIRST HOME SAVINGS ACCOUNT [1 record]

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Record 1 2023-07-19

English

Subject field(s)
  • Taxation
  • Real Estate
CONT

... a tax-free first home savings account will allow Canadians under 40 to save up to $40,000 towards their first home, and to withdraw it tax-free to put towards their first home purchase, with no requirement to repay it.

French

Domaine(s)
  • Fiscalité
  • Immobilier
CONT

Créer un compte d'épargne libre d'impôt pour l'achat d'une première propriété. Ce compte permettra aux Canadiens de moins de 40 ans d'économiser jusqu'à 40 000 $ en vue de l'achat de leur première habitation et d'affecter ce montant à leur achat sans être imposés ni avoir l'obligation de le rembourser.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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