The history of finance in Canada

I will share information on this page to educate on historical and current financial trends.

FHSA tax savings for new home buyers

In Budget 2022, the government proposed the introduction of the Tax-Free First Home Savings Account (FHSA). This new registered plan would give prospective first-time home buyers the ability to save $40,000 on a tax-free basis. Like a Registered Retirement Savings Plan (RRSP), contributions would be tax-deductible, and withdrawals to purchase a first home—including from investment income—would be non-taxable, like a Tax-Free Savings Account (TFSA). click for more info.

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History lesson: How the economy works

This video will explain how money makes the world go around and the benefits of credit or leverage to grow your assets.