What is the Home Buyers' Plan (HBP)?
The Home Buyers' Plan (HBP) is a program that allows you to withdraw up to $25,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability.
You will see references to the pooled registered pension plan (PRPP) in the HBP information pages. For more information, go to The Pooled Registered Pension Plan (PRPP).
Forms and publications
- Form T1036, Home Buyers' Plan (HBP) Request to Withdraw Funds from an RRSP
- Schedule 7, RRSP and PRPP Unused Contributions, Transfers, and HBP or LLP Activities
- RC471, Home Buyers' Plan (HBP) Cancellation
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