First-Time Home Buyers Could Save Up to $50,000 with the New GST Rebate

Posted on Mar 17, 2026

There’s big news for first-time home buyers in Canada. The Senate has approved a GST rebate on new homes, potentially allowing eligible buyers to save up to $50,000 when purchasing a newly built home or pre-sale property.

For many buyers—especially in markets like Vancouver and the Lower Mainland—GST can add a significant cost on top of the purchase...