If you’re aĀ first-time buyer in NiagaraĀ considering a brand-new home, thereās a new financial incentive on the table: theĀ Federal GST Rebate ProgramĀ introduced in May 2025.
This program offers:
Ā 100% rebateĀ of the 5% GST for homes priced up to $1,000,000
Ā 50% rebateĀ for homes priced between $1Mā$1.5M
Ā Applies toĀ brand new homes only, never occupied
Ā Must be yourĀ primary residence
The agreement of purchase and sale must be dated between May 27, 2025, and before 2031. Buyers must also qualify as first-time buyers, meaning they havenāt owned or lived in a home they (or a spouse) owned in the last 4 years.
For many in theĀ Fort Erie and Niagara new construction markets, this could represent up toĀ $50,000 in savings.