09/13/2026
JOAO RIBEIRO | Business Coach, Insurance & Investments
An RRSP gives you the deduction going in. A
TFSA gives you the tax free money coming out.
The FHSA is the only account in Canada that
does both.
$8,000 a year, $40,000 lifetime. You qualify
if you haven’t owned a home you lived in this
year or in the four years before. If you never
buy, it rolls into your RRSP instead of
disappearing.
The room only starts once you open it. An
empty one today beats a perfect plan next
year.
Renting right now? Is yours open?
