Birdwatch Note Rating
2023-08-03 15:55:03 UTC - HELPFUL
Rated by Participant: 49F783AB4B44FA5E71AB5043BC4C3D839E59DC0C745358A059236A2E7CEADC57
Participant Details
Original Note:
The FHSA was created this year and comes with a contribution limit of $8000. Assuming this is increased by the same amount each year, it will take 5 years until a Canadian can have $40000 in their account (2027) https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/first-home-savings-account.html
All Note Details