August 5, 2022
Here in Canada, we love our four-letter acronyms for investment vehicles. You’ve got the RRSP (aka the Registered Retirement Savings Plan), TFSA (Tax Free Savings Account) and many, many more. And now, awaiting royal assent and set to be introduced in 2023, we’ll have one more acronym to add to the list: the FHSA. So what is an FHSA, and what the heck is it used for?