How do I repay my HBP?

You can repay your HBP by recontributing a portion of the amount you withdrew from your RRSP each year. Full repayment must be made within a maximum of 15 years.

The first repayment is required on the tax return two years after the withdrawal year.

Example: If you made a withdrawal in June 2016, your first repayment was required for the 2018 taxation year. You therefore had until March 1, 2019, to make your contribution and thus complete your first HBP repayment.

The repayment amount is be equivalent to 1/15th of the amount withdrawn, and so on for the next 14 years.

If you wish to make a HBP repayment greater than the amount required for the current year, please call our Saving Services agents.

See the Canada Revenue Agency HBP guide for more information.

Do you have more questions?

Our agents will be pleased to answer any questions you may have at:

Legal Notes
Please read the prospectus before buying Fonds de solidarité FTQ shares. Copies of the prospectus may be obtained on the Website, from a local representative or at the offices of the Fonds de solidarité FTQ. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends and do not take into account income taxes payable by any security holder that would have reduced returns. The shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.