This Canadian Government registered plan is designed specifically to help you save for your first home, tax-free.
When you open an FHSA with Sunshine Coast Credit Union and start making deposits, it activates a contribution towards Affordable Housing Initiatives in the community, fostering a healthier housing economy for all.
Now that’s a full-circle moment!
The FHSA combines the tax advantages of an RRSP and a TFSA while allowing people to save for their first home.
Like an RRSP, contributions to an FHSA are tax-deductible, so the same amount you contribute can be deducted from your taxable earnings. You can save up to $40,000 tax-free! Read more about FHSAs here.
All of our special rates are FHSA eligible. Want to know which registered product is right for you? Compare them now!
Cover The Coast is a Sunshine Coast Affordable Housing Society initiative that will build on the efforts of local housing providers, community organizations, local government, and private sector developers to provide safe and affordable housing that meets the diverse and changing needs of the southern Sunshine Coast.
Cover the Coast focuses on research, analysis, advocacy, community engagement, capacity building and facilitating collaboration between community organizations, private sector, and government.
Call today to get started: 604-740-2662
Open your account online in just a few easy steps!
Deposits are 100% insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC). To find out more about this coverage, visit the CUDIC website or ask us for more details.
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