News
GST Rebate Introduced for First-Time Home Buyers of New Homes Up to $1.5 Million
The federal government announced on May 27, 2025, a new Goods and Services Tax (GST) rebate for first-time home buyers on new homes valued up to $1.5 million. The measure was introduced by François-Philippe Champagne, Minister of Finance and National Revenue, through proposed amendments to the Excise Tax Act.