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Rebate Blog

How the Liberals’ Tax Policy Will Affect the Canadian Housing Market

In welcoming Justin Trudeau as Canada’s newest Prime Minister, we should expect change. Canadians do not have a Conservative government anymore, and the Liberals want you to know that. Trudeau’s three main platforms for his time in government are his promises to: invest “now” in our future, help the middle-class and to maintain an open, […]

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Tax rebate for owners that converted a commercial property into a residential rental property.

Despite its name, the Corktown Brewery Loft building was in fact never a brewery. The 7-storey building in Toronto’s distillery district was used by the CBC in the 1950s as a studio and rehearsal space, but the building has since been converted to a residential property, with some of the most impressive lofts in the […]

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How a home addition can get you an HST rebate

You’ve been living in your current home for a few years now, but recently, something just didn’t feel right. It could have been that the last dinner party you hosted had you feeling a little too stressed out and overwhelmed with so many guests packed into your dining room. Perhaps you want to purchase a […]

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What to Look for When Buying a New Condo in Canada

It’s no secret that the condo market is booming in Canada. An aging population and increasingly larger influxes of people into major urban centres like Toronto, Vancouver, and Montreal have created huge demand for new condo developments. In fact, Toronto has been dominating the North American high-rise construction market for the past several years, with […]

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First Time Home Buyer: What You Really Need To Know

Everyone remembers when they bought their first home. The purchase of a home is often the largest investment the average Canadian will make in their lifetime, and like most things, the first time is always a bit more exciting and challenging. Here are some useful tips to help guide you through this important process:

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What types of mortgage are available to homebuyers?

Many future homeowners don’t have enough money to buy a home with money saved up, which is where a mortgage comes in. A mortgage is a loan from a financial institution that provides you money to buy a property, which you will then be charged interest for the loan you accessed. First-time homebuyers may not […]

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Ways to Reinvest Your HST Residential Rental Property Rebate

The New Residential Rental Property Rebate (also known as the NRRP Rebate) is made available to landlords and property owners who meet the guidelines specified by Canada Revenue Agency. The NRRP Rebate is available only to property owners who have paid the HST on a property purchased to be used as a residential rental property. […]

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How the HST Housing Rebate Can Help You Own a Home

If you’re planning to build a new house, or planning to make substantial renovations on an existing house, you could qualify for Ontario’s HST housing rebate. You’ll need to comply with CRA rules and regulations and provide all of the supporting paperwork for the rebate claim. In addition to owner-built homes, the HST housing rebate […]

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