Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
XXXXXXXXXX
Dear XXXXXXXXXX
RE: RRSP Home Buyer' Plan
This is in response to your letter of May 10, 1993, requesting if you could participate in the Home Buyers' Plan to use funds in your registered retirement savings plan ("RRSP") to buy your former wife's interest in the family home.
Unfortunately, this is not permitted under the RRSP Home Buyers' Plan. Since you already own an interest in the house, you are considered to have previously acquired it, and the Home Buyers' Plan cannot be used to buy an additional interest in it.
We trust this is satisfactorily answers your questions.
Yours truly,
Director, Financial Industries DivisionRulings Directorate
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© Her Majesty the Queen in Right of Canada, 1993
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© Sa Majesté la Reine du Chef du Canada, 1993