If you've been paying any attention at all, you'll have heard about the Canadian government's latest savings scheme. For once, it seems to have few, if any flaws.
in a nutshell, you can contribute $5000 per year into the account and then take it out again whenever you like...tax free. Once you take it out you can still put it back again later.
Here's the link to the official information site, that for once, is informational:
http://www.budget.gc.ca/2008/pamphlet-depliant/pamphlet-depliant2-eng.asp
Robert J. Morrow is editor of www.HamiltonHomeReview.com, an online real estate magazine serving Greater Hamilton, Ontario. Click here for a FREE SUBSCRIPTION sent to your email monthly. Click here to receive new Hamilton area listings in your email daily.
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