​​Last week, we talked about the proposed government incentives to help first time home buyers to purchase their homes as stated in our 2022 federal budget,

Some of these incentives are given in the form of tax credits while others are given in other ways.

But do you really know how much these tax credits are translated into when it comes to the actual dollar figure in your pocket?

In today's video, we dive deeper to get an understanding of what tax credits are, and why we always want to CLAIM TAX DEDUCTIONS, rather than tax credits. I also touch on how to read between the politicians’ comments and truly understand what the government incentives are.

Check it out!

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