GST rebate on new homes would save typical first-time buyer $27K: Budget officer

GST rebate on new homes would save typical first-time buyer $27K: Budget officer

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 an analysis released Wednesday, the federal government's fiscal watchdog

Facebook
Twitter
LinkedIn

Related Posts

Cannabis can be used as a psychedelic in therapy, but it's not for everyone, some mental health providers say
Star

May 17, 2025

Cannabis can be used as a psychedelic in therapy, but it’s not for everyone, some mental health providers say

Some Canadians who suffer from mental illness are turning to…

Read More >

Israel warns Lebanese border communities ahead of expected ground combat operations | CBC News
Star

September 17, 2024

Israel warns Lebanese border communities ahead of expected ground combat operations | CBC News

The Israeli military on Tuesday warned people to evacuate nearly…

Read More >

Steel, plastics, Florida orange juice on Canada's list of potential retaliatory tariffs against U.S.
Star

January 8, 2025

Steel, plastics, Florida orange juice on Canada’s list of potential retaliatory tariffs against U.S.

Among the most senior officials in Ottawa, there is a…

Read More >