First-Time Buyers: Governments to drop HST on New Builds!
October 28, 2025 1:55 pmFirst-time Buyers - Save the HST on new builds!
The province plans to remove the full 8% provincial portion of HST on newly built homes up to $1 million—saving first-time buyers as much as $100,000. For homes priced between $1 million and $1.5 million, the federal government plans to follow the province and remove the federal portion of the HST also. A phased federal rebate would act as a topper upper. Combined with measures in Bill 60, Fighting Delays, Building Faster Act (2025), this initiative supports young Ontarians looking to enter the housing market.
Click here for more information – Federal Government
Click here for more information – Ontario Government
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