It's not targeted to young people per se, but it is targeted to first-time homebuyers who, on average, tend to be younger Canadians. The people who would qualify as a first-time homebuyer have to be Canadian citizens or permanent residents. They have to be at least 18, and they have to, when they take possession of the home, not have owned a home in that year or any of the previous four years. Their spouse or common-law partner also could not have owned a home in that year or the previous four years.
