Home Buyers’ Plan (HBP) on PAC Days agenda

REALTOR® delegates and staff from MREA and WinnipegREALTORS® are in Ottawa this weekend for the annual CREA PAC Days on Parliament Hill. REALTORS® from across the country will build relationships and meet with members of parliament from all three political parties.

REALTORS® are asking for two HBP policy changes:

  • Index the HBP to prevent its value from being eroded
  • Extend the HBP to Canadians affected by significant life changes such as job relocation, death of a spouse, marital breakdown or relocation of elderly family member.

The program was created and presented to the federal government by REALTORS® and allows consumers to withdraw up to $25,000 in a calendar year from registered retirement savings plans (RRSPs) to buy or build a qualifying home for themselves or a relative with a disability.

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