GST relief for first-time home buyers now in effect 

After almost a year since the Prime Minister announced the government’s intention to remove the GST on new homes under $1 million and lower it on homes between $1 million and $1.5 million for first-time buyers, Bill C-4 (the bill containing the legislation) has finally received Royal Assent.

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CHBA encouraged by Conservative Party Proposal on Removing GST on New Homes

Today’s announcement by the Conservative Party of Canada to remove GST on new homes with a purchase price under $1 million will make a big difference if enacted, especially for first-time buyers.
CHBA has been advocating for years with all major parties for a change to GST thresholds and is encouraged that this policy addresses what has been a major contributor to affordability challenges when buying a home.

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Welcome to the CHBA Blog

A charming blue cottage with steep peaked roofs and warm yellow lights, featured in a recent CHBA blog, sits surrounded by tall trees on a dirt clearing, boasting a wraparound porch and large windows.

Find everything you need to know about home ownership in Canada. Whether it’s renovation tips, finding a professional contractor,  understanding the stages of home building – and more – this is a great place to start. Owning a home in Canada: What you need to know, and why Am I ready to buy my first…

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