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If you are thinking of buying a house, you should be aware that the Home Buyers Plan allows qualified taxpayers to use up to $25,000 from their RRSP when buying a home. To qualify, neither you nor your spouse may have owned a home in the last five years.

Disclaimer:

"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."

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