2467616
Description
Flashcards by dylan_earl, updated more than 1 year ago
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Created by dylan_earl
over 9 years ago
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| Question | Answer |
| What is a green mortgage? | A mortgage that helps with buying/building green housing |
| What are some products eligible for energy rebates? | Major Appliances, Heating, Cooling, Ventilation, Windows, Doors and Skylights |
| What is a Registered Retirement Savings Plan (RRSP) | Tax deferral tool that defers tax income to a later date when income tax is lower |
| What is the Home Buyers Plan (HBP)? | RRSP Accessibility to buy a house |
| How does repayment for a RRSP withdrawal work? | Must repay withdrawal within 15 years (1/15 of withdrawal per year) Starts 2nd year after withdrawal |
| Primary Residence requires you to pay capital gains against taxes T/F | False Does not require you to pay capital gains |
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