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First Home Savings Account: Benefits, Drawbacks, and Who Really Wins
Heather Scoffield, CEO of the Canadian Tax Observatory, walks Bruce through new independent research on Canada's First Home Savings Account. While the program was designed to help young Canadians save for their first hom...
About This Episode
First Home Savings Account: Benefits, Drawbacks, and Who Really Wins is an episode from Moolala: Money Made Simple with Bruce Sellery by Bruce Sellery. Heather Scoffield, CEO of the Canadian Tax Observatory, walks Bruce through new indepen...
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Episode Details
Published Apr 29, 2026, 12:14 long, audio available.
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Questions About This Episode
What is First Home Savings Account: Benefits, Drawbacks, and Who Really Wins about?
Heather Scoffield, CEO of the Canadian Tax Observatory, walks Bruce through new independent research on Canada's First Home Savings Account. While the program was designed to help young Canadians save for their first home, the data tells a more complicated story with higher-income earners are maxing out the account, older Canadians are taking advantage of the lack of age restrictions, and the Bank of Mom and Dad is quietly channeling wealth through the program. Heather weighs in on what a more progressive housing policy could actually look like. Find out more at X , LinkedIn , and Substack .
Where can I listen to First Home Savings Account: Benefits, Drawbacks, and Who Really Wins?
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Which podcast is First Home Savings Account: Benefits, Drawbacks, and Who Really Wins from?
First Home Savings Account: Benefits, Drawbacks, and Who Really Wins is an episode from Moolala: Money Made Simple with Bruce Sellery by Bruce Sellery.
How long is this episode?
This episode is 12:14 long.
When was this episode published?
This episode was published on Apr 29, 2026.
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Are there related episodes from Moolala: Money Made Simple with Bruce Sellery?
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Where can I listen to First Home Savings Account: Benefits, Drawbacks, and Who Really Wins?
You can listen to First Home Savings Account: Benefits, Drawbacks, and Who Really Wins on this page when the episode audio is available from the podcast feed.
Which podcast is this episode from?
First Home Savings Account: Benefits, Drawbacks, and Who Really Wins is from Moolala: Money Made Simple with Bruce Sellery by Bruce Sellery.
What are the episode details?
Published Apr 29, 2026 and 12:14 long