Feld Kalia Professional CorporationToronto, ON · July 10, 2025Follow

Major GST Relief for First-Time Home Buyers: What Toronto Buyers Need to Know

The federal government has introduced a significant tax relief measure aimed at easing the financial burden for first-time home buyers in Canada. Effective May 27, 2025, the First-Time Home Buyers’ GST Rebate (FTHB GST Rebate) offers substantial savings on new homes, if passed, potentially up to $50,000. This initiative is designed to make homeownership more…

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