HBP and undeducted RRSPs
Simple question. I came into some money and intend on buying a house within the next year once I get back on my feet. I plan on putting my money into an RRSP so I can buy a house. However, I want to wait and deduct the contributions yet as it wouldn`t be efficient to do so as I am currently in the bottom tax bracket. Am I able to take out a home buyers plan while having undeducted RRSP contributions so I can maximize my tax benefit? Thanks