The Canadian real estate market presents various challenges for those looking to buy a home. Financial help from loved ones is now commonplace, and there are many alternatives, such as the First Home Savings Account (FHSA) and the First Time Homebuyer Incentive. The FHSA is available to Canadians under 40 and provides up to $8,000 annually, up to $40,000, while the First Time Homebuyer Incentive provides a percentage of the cost of a new home, existing home, or mobile/ready home, with eligibility requirements such as an annual income of less than $120,000 or $