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GST Relief for First-Time Home Buyers: What You Need to Know

The Canadian government has rolled out a major initiative to help first-time buyers step into homeownership: the First-Time Home Buyers’ GST Rebate (FTHB GST Rebate). This move aims to ease the financial pressure of buying a new home and boost construction across the country.

What Is the FTHB GST Rebate?

As of May 27, 2025, qualifying first-time home buyers are eligible for:

  • 100% GST rebate on new homes priced up to $1 million.
  • Partial rebate for homes between $1 million and $1.5 million (e.g., a $1.25M home gets a 50% rebate).
  • No rebate for homes priced over $1.5 million.

In total, this rebate is expected to return $3.9 billion in tax relief to Canadians over the next…

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