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Speaking after meeting with constituents in Toronto who want to buy a home, Freeland said the First Home Savings Account is just one tool to help people get into the market.THIS CONTENT IS RESERVED FOR SUBSCRIBERSExclusive articles by Conrad Black, Barbara Kay, Rex Murphy and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
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Freeland proposes First Home Savings Account to help Canadians enter the housing marketSpeaking after meeting with constituents in Toronto who want to buy a home, Freeland suggests the First Home Savings Account as a tool to assist people in entering the market. Subscribe now to read the latest news in your city and across Canada.
Source: calgaryherald - 🏆 64. / 52 Read more »
Canada's First Home Savings Account Provides Some Help for HomebuyersThe tax-free First Home Savings Account, launched in April, is one tool to assist people in entering the housing market. While it may not solve all their problems, it offers a bit of assistance. Several financial institutions, including Questrade Inc. and Wealthsimple, have made the account available to Canadians. RBC reports that tens of thousands of accounts have been opened since April, with a significant number already reaching the maximum annual contribution. Critics argue that the account may increase demand and home prices without improving affordability.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
These home-sharing platforms aim to match students with seniors who have empty bedroomsCanadian companies Sparrow Living and SpacesShared are attempting to turn unused bedrooms into longer-term rentals to help mitigate the country’s housing affordability crisis
Source: globeandmail - 🏆 5. / 92 Read more »