03/25/2026
https://www.cbc.ca/player/play/video/9.7141306
The province is planning to temporarily remove Harmonized Sales Tax (HST) for buyers of new homes.
Premier Doug Ford announced the plan Wednesday at a news conference in Mississauga, saying the full 13 per cent tax will be removed for new homes valued up to $1 million from April 1, 2026 to March 31, 2027.
For homes valued up to $1.5 million the temporary measure would see them qualify for the maximum $130,000, decreasing proportionally to homes valued at $1.85 million, which would qualify for a $24,000 rebate, said the release.
"For too many families, the dream of home ownership is being pulled out of reach by high costs and economic uncertainty," said Ford.
Taxes, development fees and other costs add hundreds of thousands of dollars to the cost of a new home, said Ford.
The release said eligible buyers could receive up to $130,000 from the rebate, which will be included in the upcoming provincial budget.
