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The parliamentary budget officer says an eligible first-time homebuyer would save an average of $26,832 in sales tax on the price of a newly built home under Ottawa's latest housing proposal.
The GST rebate would be phased down as the price of the home approaches $1.5 million. Homes bought from May 27 through to 2031 can qualify for the rebate, as long as construction starts before ...
Therefore, the current QST landlord’s rebate (similar to the federal rebate) is expected to remain as is so that it allows a rebate for 36% of the 9.975% QST paid to acquire or build new rental ...
The NRRP rebate is equal to 36% of the GST paid (the “Rebate Percentage”) on each QRU for a maximum GST rebate of $6,300. The amount of the rebate is progressively reduced when the fair market ...
The federal government’s newly announced inflation relief for lower-income Canadians through the GST rebate stacks up as a better policy than some of the cash payments issued by provinces ...
The government says increased payments would amount to $386.50 extra for a single parent with one child who earns less than $30,000 per year.
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GST/HST Rebate 2025: You Could Get up to $129.75 Every Quarter - MSNHow much will you receive via the GST/HST rebate? For the payment period from July 2024 to June 2025, single Canadians could receive up to $519 annually ($129.75 quarterly), while couples could ...
Building Industry and Land Development Association (BILD) - GlobeNewswire - Wed May 28, 9:15AM CDT Toronto, May 28, 2025 (GLOBE NEWSWIRE) -- Greater Toronto Area, May 28, 2025 – Yesterday at 2 ...
The GST rebate would be phased down as the price of the home approaches $1.5 million. Homes bought from May 27 through to 2031 can qualify for the rebate, as long as construction starts before ...
The GST rebate would be phased down as the price of the home approaches $1.5 million. Homes bought from May 27 through to 2031 can qualify for the rebate, as long as construction starts before ...
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