An early look at the new federal Tax-Free First Home Savings Account FON Commentaries. Vol. 2, No. 24– Finances of the Nation

While only preliminary details about the FHSA have been released at this stage, some important policy issues arise from what we know so far.

Luc Godbout While only preliminary details have been released at this stage, some important policy issues arise from what we know so far. The new Tax-Free First Home Savings Account (FHSA) — a registered account set up to allow individuals to save for the purchase of their first home — is certainly the most significant personal tax change in the 2022 federal budget . Will it do what it’s intended to do for first-time home buyers? Will it impact housing prices? Will it benefit higher-income and older Canadians more than others? Is there a better alternative? The Liberals promised du

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