2 Jun

GST relief for first-time home buyers on new homes valued up to $1.5 million

General

Posted by: Sadaf Mahmud (Aly) Azam

On May 27, 2025, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, tabled legislative proposals to amend the Excise Tax Act to introduce a new GST rebate for first-time home buyers (the “FTHB GST Rebate”). As a result of this rebate, first-time home buyers will be able to save up to $50,000 […]

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