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.

Bill C-4, the proposal to introduce a new GST rebate for first-time homebuyers, is expected to cost $1.9 billion over six years, according to estimates released Wednesday by the Parliamentary Budget ...

In cases where the GST portion of a new home sale is rolled into the mortgage principal, the typical owner could expect to save $240 per month on mortgage payments, she said. The savings are more ...

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

OTTAWA - 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 ...

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