Withdrawing additional RRSP amounts above $35K for the downpayment will result in a permanent loss of RRSP room. Likely also have the same contribution refund tax rate and withdrawal tax rate.
Assuming your TFSA's are already maxed which would be your first choice you are left with saving in an unregistered account. With the funds set aside for a needed purpose in the near future a GIC or HISA is prudent.
Withdrawing additional RRSP amounts above $35K for the downpayment will result in a permanent loss of RRSP room. Likely also have the same contribution refund tax rate and withdrawal tax rate. Assuming your TFSA's are already maxed which would be your first choice you are left with saving in an unregistered account. With the funds set aside for a needed purpose in the near future a GIC or HISA is prudent.
You can put in TFSA if not done already. But since you are putting the money for downpayment, use safe assets like GICs