Scrap GST for First-Time Homebuyers

Carney Promises to Scrap GST for First-Time Homebuyers – Here’s What It Means

Prime Minister Mark Carney’s plan to scrap GST for first-time homebuyers on homes priced up to $1 million could save Canadians up to $50,000. While beneficial for many, the policy’s impact may be limited in high-cost cities like Vancouver. Learn how this proposed tax break could help you buy your first home, what steps to take, and how to maximize your savings.