Latest / The Flow: Real Estate and Money Show
$50,000 GST Rebate for First time Buyers! But it's not what you think
The federal GST rebate being discussed could return up to $50,000 to eligible first-time home buyers purchasing qualifying new construction. In this episode, we break down what it actually covers, the real-world savings most buyers will see (often closer to ~$27,000 depending on price), who qualifies, and why it could still push prices higher in some markets. We also explain how to stack the GST rebate with the FHSA, Home Buyers’ Plan, federal tax credits, and provincial programs—plus practical tips so you don’t build your plan around the headline number.
The skinny
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