FHSA · First Home Savings

How much FHSA room do you have?

The First Home Savings Account stacks $8,000 CAD per year up to a $40,000 CAD lifetime cap. Unused room carries forward — capped at $8,000 CAD — and the 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

$16,000 CAD

Annual room $16,000 CAD including $8,000 CAD carried over

Lifetime contributed

$0 CAD

of $40,000 CAD cap

Lifetime remaining

$40,000 CAD

Carry-forward used

$8,000 CAD

From last year

Years remaining

12 yr

Close by Dec 2038

Year-by-year room

2023

$0 CAD / $8,000 CAD

2024

$0 CAD / $16,000 CAD

2025

$0 CAD / $16,000 CAD

2026

$0 CAD / $16,000 CAD

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