To use your RRSP for the Home Buyers’ Plan (HBP), you will need to complete the appropriate form provided by the Canada Revenue Agency (CRA). You can access the required form at the following link:
Form T1036 - Home Buyers' Plan (HBP) Request to Withdraw Funds from an RRSP
Once you have completed this form, please provide this document directly to the Corex support team.
Disclaimers:
*This article provides general information for educational purposes only. Participation in the Home Buyers’ Plan (HBP) is subject to eligibility requirements, tax regulations, and other terms set by the Canada Revenue Agency (CRA). For specific advice related to your personal tax situation or eligibility, please consult a tax professional. Manzil Invest is not responsible for any tax consequences or eligibility issues related to HBP withdrawals.
**Corex Financial Inc. ("Corex") offers wealth management products and services to Manzil customers. Corex Financial Inc. is a registered Portfolio Manager in each of the provinces and territories of Canada and as an Investment Fund Manager in the provinces of Alberta, Ontario, Newfoundland and Labrador, and Quebec. Assets in your Corex accounts are held with various custodians, each registered as an investment dealer with the applicable securities regulators. All custodians are members of the Canadian Investment Regulatory Organization (“CIRO”) and the Canadian Investor Protection Fund (CIPF). All trademarks are the property of their respective owners. Corex will determine what investments are suitable for you.
