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What investments are eligible in a FHSA and how do I open an account?

Here’s what you need to know concerning the Tax-Free First Home Savings Account (FHSA) eligible investments:

 

For now, we don’t have all the information. Our experts expect that investments will be the same ones that are eligible for an RRSP and TFSA.

 

You’ll be able to invest your funds in: 

  • Stocks 
  • Bonds 
  • Mutual funds 
  •  Exchange-traded funds (ETFs) 
  • Guaranteed investment certificates (GICs) 

 

How can I open a FHSA? 

It’s not available yet. Financial institutions are working with the government to have everything ready by 2023. 

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