IT’S OFFICIAL!
“The FTHB GST Rebate is available to qualifying purchasers if the agreement of purchase and sale for the home was entered into with the builder on or after March 20, 2025 and before 2031. If ownership was transferred to the buyer before the proposed legislation received Royal Assent, the buyer will need to apply separately to the CRA for the FTHB GST/HST rebate. Now that the legislation has received Royal Assent, builders will be able to credit the FTHB GST/HST rebate to their buyers using the CRA forms going forward.”