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In this video I explain the different tax strategies available to individuals/families buying their home for the first time. The savings can be higher or lower depending on your personal situation and tax brackets. 00:00 - Introduction 00:37 - RRSP home buyers plan 01:44 - First home savings account 02:42 - First Time Home Buyers Tax Credit 03:04 - Land transfer tax refund (Ontario) RRSP Home buyers plan: https://www.canada.ca/en/revenue-agen... First home savings account: https://www.canada.ca/en/revenue-agen... First Time Home Buyers Tax Credit: https://www.canada.ca/en/revenue-agen... -------------------------------- LETS CONNECT: 🌐 My Website: http://www.cpalogic.ca 📰 Finance Newsletter: http://eepurl.com/hq9Ukj 🤝 Instagram: / hussain.a.cpa 🔗 Linktree: https://linktr.ee/hussain.cpa About Me: Hussain is a CPA, CA and Founder of CPA Logic in Canada. He is passionate about sharing knowledge on Finance, Tax and Investments. Disclaimer: The content presented in this video is intended for entertainment and informational purposes only and should not be considered as financial, investment, or tax advice. Each individual situation is unique.