The parliamentary budget officer says an eligible first-time homebuyer would save an average of $26,832 in sales tax on the price of a newly built home under Ottawa's latest housing proposal.

In Saskatchewan, eligible residents can get an extra boost in their GST/HST Credit payment thanks to the Saskatchewan ...

The Liberal government introduced legislation on June 5 to eliminate the GST portion from new home sales of up to $1 million ...

How much home buyers will benefit from the GST reduction announced in last week's federal budget depends on when their deal closes, and whether the price qualifies the buyer for all or part of the ...

The federal government’s newly introduced First-Time Home Buyer GST Rebate (FTHB GST Rebate) officially takes effect May 27, 2025, offering up to $50,000 in GST savings on new homes priced at or under ...

How much will you receive via the GST/HST rebate? For the payment period from July 2024 to June 2025, single Canadians could receive up to $519 annually ($129.75 quarterly), while couples could ...

The debate on applying the GST to new homes was evident in some of the original briefings on the sales tax in 1989. At the time, any buyer paying less than $300,000 got a GST rebate, when the ...

The GST rebate would be phased down as the price of the home approaches $1.5 million. Article content Homes bought from May 27 through to 2031 can qualify for the rebate, as long as construction ...

An eligible first-time homebuyer could save an average of $26,832 in sales tax on the price of a newly built home under Ottawa’s latest housing proposal, the parliamentary ...