Years ago I used the HBP to purchase my first home. Can I use it again?

Yes you can, provided that you meet the 5-year rule and all previous amounts withdrawn under the HBP plan have been repaid or have been included in your income. The HBP was originally designed to assist first-time home buyers, but the Government changed this rule in 1999 once they realized it would be impossible to track first-time purchases.

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