George Wilmot

George Wilmot

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George Wilmot is the managing director of tax and estate planning at Canada Life, where he provides expert insights on financial regulations and strategies. Recently, he discussed the nuances of the First Home Savings Account (FHSA), clarifying how individuals living with a homeowner spouse can still benefit from the account despite initial misunderstandings about its rules.

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George Wilmot, managing director of tax and estate planning at Canada Life, explains the rules for opening and withdrawing from an FHSA.

You can’t open an FHSA if your spouse is a homeowner. But if you already had one, you can still use it
The Globe and Mail·CanadaCanada· 2025-05-15
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