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.

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

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 ...

For properties valued at or below $350,000, the rebate is 36% of the total GST paid, to a maximum of $6,300. The maximum rebate is phased out linearly for homes valued between $350,000 and $450,000.

For properties valued at or below $350,000, the rebate is 36% of the total GST paid, to a maximum of $6,300. The maximum rebate is phased out linearly for homes valued between $350,000 and $450,000.

The GST rebate thresholds are adequate to deal with high value jurisdictions like the Greater Toronto Area and the Lower Mainland of BC; The GST exemption apply to all new home purchasers, ...

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 ...

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 ...

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 ...