FHSA

Two tax benefits, one account. Build your down payment faster with the First Home Savings Account.

Open an account
  • Lower your tax billwith all contributions up to your annual max
  • 100% tax-free returnswhen put towards a qualifying first home
  • Contribute up to $8,000every year, up to $40,000 total
  • 15 years to saveafter that, your FHSA rolls over into an RRSP

The key to your first home

Power up your down payment with the tools and features to maximize your tax-free growth.

Lay a solid foundation

Tax-deductible in, tax-free out

Every dollar you contribute to your FHSA goes towards reducing your taxable income, while every withdrawal for an eligible home purchase is tax-free.

Flexible for all aspects of life

Invest, track, and manage your FHSA as part of your full financial portfolio. If you don’t end up buying a home, you can transfer the funds to your RRSP.

Stackable for a larger down payment

Contribute up to $8,000 per year, and $40,000 overall. Withdrawals can be combined with the RRSP Home Buyers’ Plan to unlock an extra $60,000.

“Some brokerages have low fees, others have good service, others have excellent platforms and a variety of investment products. Questrade has it all.”
The Globe and Mail

Have a different goal? We have an account for that.

RRSP

Invest in your future with tax savings today. Every dollar you deposit in an RRSP lowers your taxable income and grows tax-free until it’s withdrawn.

Open an RRSP

TFSA

Save for any goal, big or small, with the most flexible registered account. In a TFSA, your investments grow tax-free and can be withdrawn anytime for any reason.

Open a TFSA

RESP

Set your kids up to go as far as their dreams take them. With an RESP, contributions are matched by the government and grow tax-free.

Open an RESP

Cash Account

Invest without any ceiling. No contribution limits, no withdrawal rules, no deadlines.

Open a Cash account

Margin account

Access additional buying power and trade beyond your balance on margin, giving you the flexibility to act on opportunity.

Open a Margin account

This road leads to home

Open an FHSA