First Home Savings Account has no downsides: Tax expert - BNN Bloomberg

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First Home Savings Account has no downsides: Tax expert - BNN Bloomberg
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This year will be the first time the Tax-Free First Home Savings Account (FHSA) will be available to prospective homebuyers and one tax expert said he doesn't see any downsides to contributing.

Report urges windfall tax to recover CEWS funds from large corporationsTSX recap: Index finishes lower amid losses in tech, utilitiesAuto prices to ease but affordability still a challenge with no quick fix: expertsHow much Canadians have fallen behind amid high inflation and who's hurting the mostCanadian business, consumer

insolvencies soar in 2022Canadians now expect to need $1.7M in order to retire: BMO surveyTrudeau eyes billions to patch Canada's creaking health systemU.S. Fed slows rate hikes even as Powell says there's more work to doToronto's housing market enters deep freeze with sales downCanada is 'more sensitive' to rate hikes than the U.S.: Economist

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