These People Can Get Up To $50,000 Back From The Government!
This week in Canadian real estate, we saw a rare move toward improving housing affordability—but is it too little, too late? The federal government has announced a GST rebate for first-time home buyers purchasing new homes valued up to $1.5 million. Homes under $1 million will be eligible for a full GST rebate—as much as $50,000—while homes between $1 million and $1.5 million receive a partial rebate. The government claims this will help reduce upfront costs for young Canadians and spur new h...