Special Offers
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Get a $25 gift card when you complete a goal planning session
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Terms & Conditions
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Get up to $700 cash back when you start investing with Mainstreet
Book Now
Terms & Conditions

Goal Planning Session Offer Details

To receive the Goals Planning Session Offer, you satisfy the following criteria:

  1. You must be the age of majority, and you must be a resident of Ontario.
  2. You must meet in person or virtually with one of CAM or CS Wealth Advisors to do a comprehensive review of your financial goals and develop an investment plan to achieve those goals

New Investor Offer Details

To be eligible for the Investment Bonus Offer, you must satisfy the following criteria:

  1. You must qualify for the Goals Planning Session Offer
  2. You must deposit funds* to a Mainstreet and/or CAM and/or CS Investment Account prior to the end of the Promotion Period. *see qualification matrix below for source and Investment Account qualification criteria.

*Cash bonus offer tiers

Investment Amount Cash Back/Bonus
$5,000-$24,999 $100
$25,000-$99,999 $200
$100,000-$249,999 $300
$250,000-$249,999 $400
$300,000 $600

*Qualification matrix

Origination of Funds Investment Account
Mainstreet Chequing/Savings Mainstreet Term
Deposit
Credential Asset Management or Credential Securities
Mainstreet Chequing/Savings Does Not Qualify Does Not Qualify Qualifies
Mainstreet Term Deposit Does Not Qualify Does Not Qualify Does Not Qualify
Other Financial Institution Does Not Qualify Qualifies Qualifies

What is a First Home Savings Account?

A First Home Savings Account, also known as an FHSA, is a new type of investment announced by the federal government in 2022. An FHSA is designed to help Canadians, age 18 or older, save for their first home by offering a variety of tax advantages. Similar to an RRSP, contributions made to an FHSA are tax deductible, while like a TFSA, any income made on an FHSA investment is tax-free.

Benefits of an FHSA

  • Contributions can reduce your taxable income
  • Any investment income made is non-taxable while in the account
  • Tax-free redemptions when drawing from your FHSA to purchase your first home
  • Any left-over funds in your FHSA that are not used to purchase a qualifying home can be transferred to your RRSP/RRIF tax-free
  • You can use an FHSA in conjunction with the Home Buyers’ Plan (HBP)

Mainstreet First Home Savings Account

Buying soon?

Save and withdraw for your first home purchase at anytime with a Mainstreet FHSA Savings Account.

Looking ahead

Lock in and save more with a Mainstreet FHSA Term Deposit

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