First home savings account deadline approaches

The deadline to contribute to a First Home Savings Account for the 2023 tax year is December 31st. But it’s not just young Canadians that are looking to take advantage of this account. Jamie Keenan, Senior Wealth Advisor and Portfolio Manager, BMO Private Wealth says 24% of parents are eyeing the account to help their children buy their first home. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.