Elite Access Realty Inc. Barrie Real Estate News

Home Buyers' Plan Withdrawal Limit To provide first-time home buyers with additional access to their RRSP savings to purchase or build a home, Budget 2009 proposes to increase the Home Buyers' Plan (HBP) withdrawal limit to $25,000 from $20,000. This is the first increase in the withdrawal limit since the HBP was introduced in ...

In the 2007 Ontario Economic Outlook and Fiscal Review, the government proposed to expand the Land Transfer Tax Refund Program to include first-time homebuyers of resale homes for agreements of purchase and sale entered into after Dec. 13, 2007.This measure was included in Bill 44, Budget Measures and Interim Appropriation Act, 2008, and, having ...