What is a Home Buyers Plan in Canada(HBP)?
The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $20,000 from your registered retirement savings plan (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability. For more information, visit Web site at www.cra.gc.ca or call us at 1-800-959-8281.