You have up to 15 years to repay to your RRSP, pooled registered pension plan (PRPP) or specified pension plan (SPP) the amounts you withdrew from your RRSP under the HBP.
Your repayment period starts the second year after the year when you first withdrew funds from your RRSP(s) for the HBP. For example, if you withdrew funds in 2022, your first year of repayment will be 2024.
For more detailed information, please review the link below from Canada Revenue Agency.
How to repay the funds withdrawn from RRSP(s) under the Home Buyers’ Plan (HBP)
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