The City of Montreal offers a Home Purchase Assistance Program.
With its many benefits, the Home Purchase Assistance Program could bring you closer to your dream. You could take advantage of a lump sum on the purchase of a new residential property, to learn more visit the official portal of the City of Montreal.
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The government has put in place a number of incentives that make home ownership more affordable.
In order to allow first-time homebuyers to make larger withdrawals from their RRSPs to buy or build a home, the 2019 budget proposes to increase the HBP withdrawal limit to $ 35,000.
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The government will propose legislation that would allow CMHC to finance part of their home purchase through a participating mortgage.
The government estimates that the programs will be operational by September 2019.
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