Can you use the FHSA and HBP together? + MORE Aug 15th

One recently introduced investment option is the first home savings account (FHSA), a tax-free registered account that’s designed to help first-time home buyers save for a down payment. An account holder can contribute up to $8,000 per year to an FHSA, up to a lifetime maximum of $40,000 (double that if you’re part of a couple and you’re both first-time home buyers). As long as these funds are eventually used to purchase your first home, deposits and withdrawals are tax-free. (Most registered accounts allow for one or the other, but the FHSA allows for tax sheltering on contributions and withdrawals.) This includes any income earned from interest, dividends or capital gains…

Nestled amid rolling farmland, the Benedictine sisters of Mount St. Scholastica have taken on the likes of Google, Target and Citigroup—calling on major companies to do everything from AI oversight to measuring pesticides to respecting the rights of Indigenous people.

“Some of these companies, they just really hate us,” said Sister Barbara McCracken, who leads the nuns’ corporate responsibility program. “Because we’re small, we’re just like a little fly in the ointment trying to irritate them.”

Sisters choose companies that align with religious ideals—and some that don’t

At a time when activist investing has become politically polarized, these nuns are no strangers to making a statement. Recently they went viral for denouncing the commencement speech of Kansas City Chiefs kicker Harrison Butker at the nearby college they cofounded.

When Butker suggested the women graduates of Benedictine College would most cherish their roles as wives and mothers, the nuns—who are noticeably neither wives nor mothers—expressed concern with “the assertion that being a homemaker is the highest calling for a woman…