Home Buyers Plan repayment grace period
Homeowners who have made a withdrawal from their registered retirement savings plan(RRSP)in between January 2022 to December 2025 you will get a grace period to pay back the loan (RRSP repayment) after 5 years instead of 2 years. For example, If you made a withdrawal in 2022 repayment is starting from 2027, instead of 2024.