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CHBA applauds federal action to adjust GST rebate on new construction homes for first-time buyers
CHBA applauds the government’s move to table legislative proposals to amend the Excise Tax Act to make good on its promise to introduce a new GST rebate for first-time home buyers (named the “FTHB GST Rebate”), which will remove the GST on new homes at or under $1 million and lower it on homes between $1 million and $1.5 million for all first-time home buyers, effective May 27, 2025.
Read MoreGovernment misses important opportunity to enact critical housing campaign promise in Throne Speech
Today, the federal government missed its opportunity to use the Speech from the Throne to make good on its election promise to immediately implement the removal of the GST on new homes at or under $1 million and lower it on homes between $1 million and $1.5 million. The lack of actual implementation of this measure is keeping would-be home buyers on the sidelines, which is negatively impacting the construction of new homes.
Read MoreWinners Announced for the 2025 CHBA National Awards for Housing Excellence Finalists Named
The Canadian Home Builders’ Association (CHBA) is pleased to announce the finalists for the 2024 CHBA National Awards for Housing Excellence, Canada’s premiere competition for new homes, home renovations, community development, and residential marketing.
Read MoreCHBA Congratulates Mark Carney and the Liberal Party of Canada on Its Fourth Mandate
CHBA Congratulates Mark Carney and the Liberal Party of Canada on Its Fourth Mandate OTTAWA, ON – April 28, 2025 – The Canadian Home Builders’ Association (CHBA) congratulates Prime Minister Mark Carney and the Liberal Party of Canada on their election victory. “CHBA looks forward to working with Prime Minister Carney and his government on…
Read MoreDim outlook for new home construction in Ontario and BC as sentiment in Canada’s new home construction industry stays in near record-low territory
CHBA’s 2025 Q1 Housing Market Index (HMI) is in its eleventh quarter of negative sentiment since dropping from the post-pandemic highs in 2021 and early 2022. While industry sentiment has been low for eleven quarters, builders have typically remained optimistic that future sales would be an improvement over their current sales conditions (though still in negative territory). However, that optimism has dissolved.
Read MoreCHBA welcomes Federal Government removing GST on new construction homes for first-time buyers
Today’s announcement by Prime Minister Mark Carney that the Government of Canada will eliminate the Goods and Services Tax (GST) for first-time homebuyers on homes at or under $1 million is a welcome move to help make housing more affordable for those looking to buy their first home. It will also help spur the creation of more housing supply, which is much needed. CHBA has also argued that while an important permanent move, GST relief is especially significant now as it will help to counter price increases due to tariffs.
Read More2025 CHBA National Awards for Housing Excellence Finalists Named
The Canadian Home Builders’ Association (CHBA) is pleased to announce the finalists for the 2024 CHBA National Awards for Housing Excellence, Canada’s premiere competition for new homes, home renovations, community development, and residential marketing.
Read MoreTariffs negative impact on overall economy will likely slow down housing starts
Today on Parliament Hill during a press conference to release the third CHBA Municipal Benchmarking Study, Canadian Home Builders’ Association (CHBA) CEO Kevin Lee took the opportunity to speak about how the U.S. tariffs and Canada’s countervailing tariffs would likely impact Canada’s residential construction industry.
Read MoreCHBA’s Municipal Benchmarking Study Shows Housing Affordability Has Worsened Due to Municipal Development Charges and Delays
The Canadian Homebuilders’ Association (CHBA) has released its 2024 Municipal Benchmarking Study that examines how local development processes, approvals, and charges impact housing affordability and housing supply in major housing markets across the country.
Read MoreImpacts of Trump Tariffs on Canadian Residential Construction Sector
CHBA condemns U.S. President Trump’s 25% tariffs that will further degrade housing affordability both in the United States and Canada, and urges the federal government to do what it can to help mitigate the impacts on an industry that is already struggling to build more housing supply and keep costs down for buyers.
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