AJK
New Member

Can I count my employee DCPP contributions towards HBP repayments?

HBP repayments from DCPP

Investors and rental owners

No, you can’t. You must make an RRSP (Registered Retirement Savings Plan) Contribution to repay your HBP (Home Buyers Plan). A DCPP (Defined Contribution Pension Plan is a type of retirement plan in which an employer, employee or both make contributions on a regular basis and does not qualify.

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-hom...