But Kutner warns there may be tax implications for the giftor in the other country, which may warrant separate tax advice. (moneysense.ca)
Of course, both the borrower and giftor must attest in writing to gifted funds being non-repayable, but that is hard to police after closing. (theglobeandmail.com)
The letter, signed by the giftee (home buyer) and the giftor (family member) will confirm the gifted funds are not to be repaid. (mybcmortgage.ca)