RRSP – HomeBuyer’s Plan (HBP) The Home Buyer’s Plan (HBP) allows a First Time Home Buyer to borrow from their RRSP toward the downpayment of a home. Some main points: A first-time HomeBuyer can borrow up to $25,000 (up to $50,000
Downpayment for a First Home – RRSP HomeBuyer’s Plan
