Home Buyer’s Plan
The Home Buyer’s Plan is a program that allows you to take a tax free, lump-sum withdrawal from your RRSP to buy or build a home for yourself or for a related person with a disability. Withdrawals of up to $35 000 can be made but note that the withdrawal must be made using form T1036 “Home Buyer’s Plan Request to Withdraw Funds from an RRSP”.