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Ontario to expand HST rebate to all new homebuyers

politicsMar 25, 202613

Premier Doug Ford announced Ontario will extend the 13 percent harmonized sales tax rebate on new houses and condominiums to every buyer, not just first-time purchasers. The change removes the previous first-time buyer restriction, cutting purchase costs for anyone buying new construction. The policy lowers buyer costs, shrinks provincial revenue, and boosts demand for newly built homes. Critics say the move mainly benefits wealthier buyers and intensifies fights over local planning and Toronto governance.

Key Highlights

Ontario will extend the 13 percent HST rebate to all new home buyers.
The change covers new houses and condominiums, not resale properties.
Critics say the policy benefits wealthier buyers and reduces provincial revenues.