TransCanada Credit Union - Home Buyers' Plan

The Home Buyers' Plan allows you to withdraw up to $25,000 from your registered retirement savings plan (RRSPs) to use as a down payment to buy or build a home. The loan is not considered income and will not be taxed as long as you put the money back into your RRSP within 15 years (minimum annual payments required).

For more details on how the Home Buyers' plan can help you purchase your new home, please visit the Government of Canada web site.