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.

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