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Starting to Save for Your First Home in Your 20’s

For those who have just finished university, community college, or a private school, things are changing more quickly than ever. It’s time to start a career (and get well paid). It’s time to get a new living space. And it’s time to start managing and controlling money. It could be said that for the 20-somethings, […]

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Do I Qualify For the HST New Housing Rebate?

The Ontario New Home HST Rebate allows home buyers to recover a part of HST that was paid on either a new home or a home that was substantially renovated. The regulations for claiming the HST tax are defined by CRA (Canada Revenue Agency). While not every homebuyer is eligible for the Ontario New Housing […]

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How Much Can You Actually Get With a GST HST New Housing Rebate?

In Ontario, the GST HST New Housing Rebate is claimable for either principal residences or investment properties. Depending on the property (and the specific circumstances) the HST New Housing Rebate could total as much as $30,000. To be eligible, claimants must qualify under either of these conditions: Having purchased a newly built home in the […]

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