: Allows you to save up to $40,000 tax-free.
: If your down payment is less than 20%, you must purchase mortgage default insurance (often through CMHC ). First-Time Buyer Incentives : how to buy a house in canada
: You can withdraw up to $60,000 from your RRSP tax-free for a down payment. 2. Getting Pre-Approved Buying a home - Canada.ca : Allows you to save up to $40,000 tax-free