The Home Buyers’ Plan (HBP) is a program under which you can, generally, withdraw up to $25,000 from your registered retirement savings plan (RRSPs) to buy or build a qualifying home.
Yukon Down Payment Assistance Program
Yukon Down Payment Assistance Program:
Beginning in 2005, the cost of homes in the Yukon began increasing sharply and, over the last 6 years, have nearly doubled in price. This has directly increased the required minimum down payment which has made saving a down payment more difficult for many potential homebuyers.
RBC Energy Saving Mortgages
Financial institutions offer a range of mortgages to home buyers and owners who make their homes more energy efficient.
For example, home owners who have a home energy audit within 90 days of receiving an RBC Energy Saver Mortgage, may qualify for a rebate of $300 to their RBC account.
First-Time Home Buyers' Tax Credit (HBTC)
This federal non-refundable income tax credit is for qualifying buyers of detached, attached, apartment condominiums, mobile homes or shares in a cooperative housing corporation. The calculation: multiply the lowest personal income tax rate for the year (15% in 2011) x $5,000. For the 2011 tax year, the maximum credit is $750.
Canada Revenue Agency
Saskatoon Equity Building Program
Saskatoon Equity Building Program assists those currently renting in Saskatoon with purchasing an entry- level home by financing the down payment.
Affinity Credit Union (exclusive financial institution), City of Saskatoon, Genworth Financial Canada, CMHC.
Saskatoon Down payment municipal Grant
Saskatoon Down payment municipal Grant: Through this program, Affinity and our partners help people purchase affordable homes in Saskatoon.
Affinity Credit Union, City of Saskatoon, Saskatchewan Housing Corporation, Canada Mortgage and Housing Corporation (CMHC), and Genworth Financial Canada