Like a TFSA or RRSP, the FHSA is an investment vehicle that allows
you to save tax-free towards the purchase of your first property. In
it, you’ll have to choose one or more investment products in which to
grow your funds and reach your goals. You’ll be able to choose from
one of the following:
If you would like to invest your money in one of these products or
discuss which option is best suited to your needs, make an
appointment with a member of our team to open your FHSA.
Once your FHSA has been opened, here's how to contribute to it:
From your online bank
You can also open an FHSA online. However, for the time being, the
only investment products available through your online bank are
managed solutions and investment funds.
Here's how to open an FHSA from your online bank:
Once your FHSA has been opened, you'll receive an on-screen
Here's how to open an FHSA from the National Bank app: