Are you thinking of buying your first home?

Save for your first home in Canada, tax-free

First Home Savings Account

This new type of registered plan is designed to help you save for your first home, tax-free. Qualifying contributions are tax deductible and withdrawals to purchase a qualifying home are non-taxable. To open an FHSA, you’ll need to be a Canadian resident with a SIN or temporary SIN, and you’ll need to be an eligible first-time homebuyer.

Learn more about eligibility to open an FHSA

Find the right mortgage program for you

CIBC Newcomer to Canada Program Mortgage1

CIBC Newcomer to Canada PLUS Program Mortgage2

CIBC Foreign Worker Program Mortgage3

Let’s start the conversation

Request a call from a Mortgage Advisor

Advice for your home-buying journey

Koodo phone plan

CIBC Newcomer clients will receive an exclusive offer from Koodo to save money on their mobility plan, including free international long-distance minutes.

Pre-paid Koodo SIMs

Get 30 days of free Canada-wide Koodo service with a CIBC account, featuring 7GB + unlimited Canada-wide call and text.

Learn moreabout pre-paid Koodo SIMs for CIBC Newcomer clients.


CIBC is proud to partner with Canoo to help Newcomers discover the best of Canada for free. The Canoo Cultural Pass provides newcomers with VIP access to over 1,400 of our country’s most exciting cultural and outdoor experiences.

Learn more about Canoo. Opens in a new window.

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