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Home Buyers' Plan: Ottawa eyes extending grace period

Canada’s Home Buyers’ Plan allows eligible buyers to withdraw up to $60,000 from their RRSP toward a first home, without immediate tax. TD Wealth’s Sébastien Desmarais explains that while buyers have 15 years to repay what they withdraw from their RRSP, Ottawa is proposing to give some buyers up to five years before repayments need to begin. Full video: https://www.moneytalkgo.com/video/what-ottawas-tax-update-means-for-your-family-and-your-business/

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