Question
Which of the following is true about the Home Buyers' Plan? A. It's a government program which enables first time home owners with less than
Which of the following is true about the Home Buyers' Plan?
A. It's a government program which enables first time home owners with less than five percent down payment to purchase a home using CMHC insurance. B. It's a government program exempting Canadian first time home buyers in certain provinces from land transfer tax. C. It's a government program allowing first time home buyers to withdraw $ 25 000$25 000 from their RRSPs tax free as long as paid back within fifteen years. D. It's a government program allowing first time home buyers to withdraw $ 20 000$20 000 from their RRSPs tax free as long as paid back within ten years.
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