Yes, if you meet the criteria. The Home Buyers Plan (HBP) is a program that allows you to withdraw funds from your RRSPs to buy a qualifying home. You can withdraw up to $25,000 in a calendar year if you qualify as a first time home buyer. You have to repay all of the withdrawl to your RRSP within 15 years and you must occupy the home as a principal residence. For the complete Home Buyers Plan details please see my section on FIRST TIME HOME BUYERS.


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