: Specifically for first-time homebuyers. It combines the benefits of both—tax-deductible contributions (like an RRSP) and tax-free withdrawals (like a TFSA) for a home purchase.

Starting your investment journey in Canada involves three primary steps: selecting the right tax-advantaged account, choosing a brokerage platform, and executing your first trade. 1. Choose Your Account Type

The type of account you use determines how your earnings are taxed. Most beginners start with a to maximize growth.