Last week's column discussed the National Home Buyer's Plan, a popular government program designed to help first-time buyers enter the housing market. RBC Virtual Visa Debits, RBC Royal Bank loan payments, RBC Royal Bank mortgage payments, pre-authorized or self-serve RBC Royal Bank credit card payments, contributions to RBC investment accounts (such as GICs, Royal Mutual Funds, Registered Savings Plans, Registered Education Savings Plans, Registered Disability Savings Plans and Tax-Free Savings Accounts) and electronic self-serve fund transfers from your savings account to any account in your name are free of charge.
To support this, the Financial Transactions and Reports Analysis Centre of Canada will continue to expand its outreach and examinations in the real estate sector, with a focus on the province of British Columbia, to improve detection of money laundering activities.



Lowering the interest rate on Canada Student Loans and making the grace period interest-free will help approximately 1 million student loan borrowers currently in repayment, including Angela, who recently graduated from university with a bachelor's degree in psychology.
Saving enough for a down payment on a home and managing the monthly costs of homeownership can be challenging—especially for first-time home buyers, many of whom are trying to establish or advance their careers, raise young families, or even relocate to a new community.

Through the National Housing Strategy, more middle-class Canadians - and people working hard to join the middle class - will find safe, accessible and affordable homes, Duclos, who is also the minister responsible for Canada Mortgage and Housing Corp, said in a statement.
This grant proposed that a 15% credit be applied to an amount of $5,000, and would provide up to $750 in tax relief to reduce the costs We Buy Houses Ontario associated with first home purchases, to assist first-time buyers with the costs related to legal fees, land transfer tax, etc.

The greater pessimism of people in Ontario is likely attributable to the B20 mortgage rules having a greater impact on homebuyers there than in most other regions, significantly reducing the amount that the average homebuyer can borrow,” said Andrew.