Mohammed and Parm are recently married and wish to use the Home Buyers' Plan (HBP) to make their down payment on their first home. If they each have $50,000 in their RRSPs, how much can they access for their down payment through the HBP?
A) $100 000
B) $40 000
C) $25 000
D) $50 000
Correct Answer:
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