FHSA -- A smarter way to save for a home
- The FHSA is a registered account that allows prospective first-time home buyers to save for a down payment on a tax-free basis
- FHSA contributions are tax-deductible (like an RRSP), and withdrawals to purchase a qualifying first home are non-taxable
(like a TFSA)
- The FHSA allows account holders to contribute up to $8,000 annually to a lifetime maximum of $40,000
- A self-directed FHSA allows you to choose and manage your own investments within the account
Reduce your annual income tax
Like an RRSP, you can claim the deduction of FHSA contributions on your income taxes, and any unused contribution room carries over to the next year.
Your assets grow, tax free
Like a TFSA, your investments can grow and be withdrawn tax-free when used towards the purchase of a qualifying home.
Transfer without penalties
If you don’t end up purchasing a home, you can transfer your account to an RRSP without affecting your existing contribution room.
Qtrade is among Canada's top-ranked online trading platforms
- Industry leading tools - Build, evaluate, and test your portfolio using analyst research and tools that feature Qtrade’s most advanced risk analysis and portfolio-building technology.
- Award-winning platform - Qtrade has ranked Canada's #1 online investing platform 28 times in the past 18 years, offering a superior trading experience from your desktop or mobile device.
- Canada's best support - 8 times in the past 6 years, Qtrade’s highly experienced team has ranked #1 online broker for client service. As well, Qtrade’s educational resources are among the best in the industry.
- Full suite of educational resources.
- Commission-free ETF program: Trade (buy and sell) 100+ ETFs with no commissions or minimums.
- ESG Score added to Portfolio Score™ & Portfolio Simulator™
- Enhanced interactive charting tool.
TipRanks Analyst Ratings offers an aggregated view of analyst ratings activity with insights into:
- The overall analyst consensus rating from strong buy to strong sell
- The average analyst 12-month price target plus the range of low to high, price target estimates
- A summary view of the individual analysts, their recommendations, price targets, and the news source (where available)
The tool offers an engaging and informative research option to all Qtraders regardless of investor knowledge and experience:
- Informative data that gives Qtraders the confidence to make quicker investment decisions
- Novice investors can avoid information overload and be reassured by views offered by industry experts
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Goal planning made easy
The Goal Planning tool is a quick and simple way to begin to write your own future. A user-friendly questionnaire helps you easily set and track your goals, check in to monitor your progress, and receive personalized recommendations on how much you need to invest each month to give you the confidence you need to achieve them.
Qtrade is consistently rated a top-ranked broker for the 4th year in a row, receiving an ‘A’ grade in Rob Carrick’s digital brokerage review by The Globe and Mail.
Online brokerage services are offered through Qtrade Direct Investing, a division of Credential Qtrade Securities Inc. Qtrade, Qtrade Direct Investing, and Write Your Own Future are trade names and/or trademarks of Aviso Wealth.
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