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Rebate Blog

Brexit and Canadian Mortgage Rates: What’s next?

United Kingdom’s vote to leave the European Union (dubbed ‘Brexit‘) has shocked the world. Frankly, the panic that it has caused has been spreading like wildfire. From David Cameron’s sudden resignation, Nigel Farage’s condemnation of the EU to the real possibility of EU break-ups, Europe’s economy is facing uncertain times. The UK currency, the pound, […]

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Condo in the Suburbs of Toronto as an Investment – Pros and Cons

For residents of Toronto, the sight of new high-rise developments in the form of condos or apartment buildings has been a common sight for the past few years. In fact, Toronto has been the North American leader in high rise projects for the past 3 years, with 130 projects currently underway; that’s more skyscrapers than […]

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Why Does Ontario Rebate the HST on New Homes?

HST housing rebates are available to Ontario residents through Canada Revenue Agency. Residents can claim an HST rebate on a newly built home that will be the principal residence OR an investment property that will be used as a rental. These rebates allow individuals to recover portions of the provincial taxes and federal taxes that […]

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How Do I Get the HST Back on My New Home?

The New Home HST Rebate allows a homeowner to recover a certain portion of HST that was paid on a newly built home or on a substantially renovated home. It is sometimes referred to as the Ontario New Housing Rebate and only applies to the primary residence of the owner. When a homeowner applies for […]

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