# What federal programs apply to all provinces?

> Three key federal programs are available coast-to-coast: (1) Home Buyers' Plan (HBP): withdraw up to $60,000 from RRSPs ($120,000 per couple) tax-free for a first home, repayable over 15 years.

Category: Purchasing
Last verified: 2026-02-18
Source: https://ratellow.com/faqs/purchasing/what-federal-programs-apply-to-all-provinces

## Answer
Three key federal programs are available coast-to-coast: (1) Home Buyers' Plan (HBP): withdraw up to $60,000 from RRSPs ($120,000 per couple) tax-free for a first home, repayable over 15 years. (2) First Home Savings Account (FHSA): contribute up to $8,000/year ($40,000 lifetime) with tax deductions on contributions and tax-free withdrawals for a qualifying home purchase. (3) 30-year amortization for first-time buyers on insured mortgages (Dec 2024 reform). All three stack with provincial programs.

## Related guide
- https://ratellow.com/guides/provincial-first-time-buyer-programs

## Sources
- FCAC First-Time Buyer Programs Overview — https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html#toc3
- CMHC Insured Mortgage Programs — https://assets.cmhc-schl.gc.ca/sf/project/cmhc/pdfs/factsheets/new/cmhc-quick-reference.pdf