7 October 2021 APFF Financial Strategies and Instruments Roundtable Q. 5, 2021-0903871C6 F - HBP - Breakdown of marriage or common-law partners -- summary under Paragraph (f)

CRA accepted that “common-law partners” (Mr. X and Ms. Y), who had been living in a home owned by Mr. X, would cease to have the quoted status 90 days after they had started living separate and apart (albeit, still residing in Mr. X’s house), so that Ms. Y could thereafter make a home buyer plan (HBP) withdrawal from her RRSP without running afoul of the rule (in para. (f) of the definition in s. 146.01(1) of “regular eligible amount”) that at the time of the withdrawal, a common-law partner (or spouse) of Ms. Y did not have an owner-occupied home that had been occupied by her during their partnership (or marriage).