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What You Need to Know About the New First Home Savings Account

As part of the 2022 federal budget, the Canadian government wants to provide initiatives designed to make homeownership more affordable. One way they plan to accomplish this is with the new First Home Savings Account (FHSA).


Aimed at first time home buyers, this new program will give prospective homeowners some tax relief as well as make it easier for them to achieve their homeownership goals. The FHSA does not replace the RRSP Home Buyer's Plan that already exists, however, it’s important to note that the two programs cannot be used in tandem. While the RRSP Home Buyer's Plan requires withdrawals from the account to be repaid, the FHSA does not.

Learn More About First Home Savings Accounts

First Home Savings Accounts are expected to be available in 2023. There will be eligibility requirements, as well as rules and conditions, so it’s best to consult with a mortgage broker or financial institution to determine if and how you can make this new option work for you.

In the meantime,...

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Landscaping and Outdoor Trends for Homes in 2022

The last two years have changed the way people view and use their homes. As such, it should come as no surprise that the trends unfolding for 2022 in the landscaping space focus on pampering ourselves at home. The second dominate trend is bolstered by our increasing interest to preserve our planet by making simple changes on our own properties to support the environment.


Regardless of what your own backyard goals are for 2022, it’s fun to learn about the trends that are shaping decisions, and think about possibly incorporating them into your own space. While some are more unique and aesthetic, you may also get ideas on how to add convenience and practicality to your backyard too. 

4 Trends to Consider Adding to Your Backyard Space

From improving the plants and flowers you have in your backyard to incorporating additional living space for your family to enjoy, read more about the trends influencing backyards in 2022.


1. Edible gardens.


With the rising cost of food and a growing...

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