- Ontario will expand its HST rebate for first-time home buyers on new homes.
- The provincial rebate will be aligned with the federal GST/HST First-Time Home Buyers’ Rebate.
- Both rebates will apply to purchase agreements signed with builders from March 20, 2025, to before 2031.
Source: assets.kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Canada"
- Prime Minister Carney Suspends Federal Fuel Excise Tax to Lower Gas and Diesel Costs for Canadians
- Canada Tightens Steel Import Rules: Lower Quotas, New Global Tariffs, and Stricter Enforcement
- Canada Groceries and Essentials Benefit Replaces GST/HST Credit, Payments Begin June 5 for Eligible Canadians
- Quebec Clarifies GST/HST, QST Taxation of Mutual Fund Trailing Commission Payments
- Ottawa Considers Nationwide GST Cut on New Homes to Boost Housing Market and Affordability














