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The FHSA is a type of registered savings plan introduced by the federal government in 2022. An FHSA is designed to help you save for your first home. An FHSA combines some of the features of an RRSP and TFSA. Contributions will generally be tax-deductible, and when a qualifying withdrawal

There are new tax return filing and information reporting requirements for trusts effective for taxation years ending on/after December 31, 2023. Changes include: Requiring a T3 to be filed for certain trusts even if they did not have to before; Requiring bare trusts to file a T3, which was not