Published | Category : Income tax - individuals
Increase in the maximum withdrawal limit under the Home Buyers' Plan
The maximum withdrawal limit under the Home Buyers’ Plan (HBP) has been raised from $20,000 to $25,000.
The increase in the maximum limit applies to 2009 and subsequent calendar years for any withdrawal made after January 27, 2009.
For more information, consult Information Bulletin 2009-2, published by the Ministère des Finances du Québec.