Does my repayment impact my RRSP contribution limits?

No. Contributions made as a repayment of your HBP withdrawal have no impact on your RRSP contribution limit. For example, if in any given year you contribute $10,000.00, which is your limit for that year, and you are required to repay $1,666.66 ($25,000 divided by 15 years) under the HBP, then you can use $8,333.33 of your contribution as a deduction. The $1,666.66 of unused contribution room is carried forward for future years.

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