09:49 AM EST - Scotiabank : Launched its new tax-free First Home Savings Account (FHSA) to help Canadians reach one of life's most exciting milestones: owning their first home. The FHSA lets first time homebuyers contribute up to $8,000 each year, with a maximum lifetime contribution of $40,000. For those ready to get started on their home savings journey, Scotiabank is offering an interest rate of 5.00% on new FHSA deposits with the Savings Accelerator Account from now until January 31, 2024. Scotiabank
shares T.BNS are trading down $0.14 at $63.08.
