FHSA · First Home Savings

How much FHSA room do you have?

The First Home Savings Account stacks $8,000 CAD a year up to a $40,000 CAD lifetime cap. Unused room carries forward — one year's worth at most — and a 15-year clock starts the day you open it.

Your account

Year you opened your FHSAFHSAs became available in 2023. Room starts accruing from this year.Year you were bornEligibility ends Dec 31 of the year you turn 71.

Your contributions

All-time totals

Total contributed (all years)

Lifetime cap is $40,000 CAD.Of that, contributed in 2026

Counts against this year's room first.

Room available in 2026

$16,000CAD

$16,000 CAD accrued this year, including $8,000 CAD carried over from last year.

$0CAD

Lifetime contributed

of $40,000 CAD cap

$40,000CAD

Lifetime remaining

$8,000CAD

Carry-forward used

From last year

12 yr

Years remaining

Close by Dec 2038

Year-by-year roomContributed / room

2023$0CAD/ $8,000

2024$0CAD/ $16,000

2025$0CAD/ $16,000

2026$0CAD/ $16,000

Informational only — verify your numbers at CRA My Account before contributing.