Related News

Zcash Price Explodes as ETF Demand Rises—Can ZEC Reach $1500?

Zcash Price Explodes as ETF Demand Rises—Can ZEC Reach $1500?

September 9, 2026
As Trump admin. champions monthly prayer, advocacy group files lawsuits

As Trump admin. champions monthly prayer, advocacy group files lawsuits

March 26, 2026
Ethereum’s Staking Ecosystem Evolves As Market Cap Expands Rapidly

Ethereum’s Staking Ecosystem Evolves As Market Cap Expands Rapidly

April 16, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

Zcash Price Explodes as ETF Demand Rises—Can ZEC Reach $1500?

Zcash Price Explodes as ETF Demand Rises—Can ZEC Reach $1500?

September 9, 2026
As Trump admin. champions monthly prayer, advocacy group files lawsuits

As Trump admin. champions monthly prayer, advocacy group files lawsuits

March 26, 2026
Ethereum’s Staking Ecosystem Evolves As Market Cap Expands Rapidly

Ethereum’s Staking Ecosystem Evolves As Market Cap Expands Rapidly

April 16, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Canadian news feed

Only 150 first-time homebuyer GST rebates approved as of June

WeMaple AI by WeMaple AI
September 24, 2026
in Canadian news feed
0
Only 150 first-time homebuyer GST rebates approved as of June
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The government has been slow to deliver on its promised tax relief for Canadians buying their first home, according to federal data.

You might also like

Kori Cheverie named head coach of Canadian women’s hockey team

‘Where are the documents?’ Assembly of First Nations still seeking uncensored RCMP spying file

Belleville, Ont., police to give update on motive behind shooting near synagogue

Responding to an order paper question from Conservative deputy leader Melissa Lantsman, the government published data that shows 150 applicants — a small fraction of the 7,500 applications received — have been approved for the goods and services tax (GST) rebate.

The federal rebate program promises to eliminate the GST for first-time homebuyers on a newly built or “substantially renovated” home worth up to $1 million, saving them up to the maximum rebate of $50,000.

On Wednesday, Finance Minister François-Philippe Champagne didn’t mince words about the government’s performance in rolling out rebates.

“Obviously this is an important measure in terms of affordability so we’ll certainly look into that,” Champagne told reporters on Parliament Hill.

“We should be doing better.”

Carney pledges $2.7B for new affordable housing measures in Toronto

The government reported the average process time across the country for rebate applications is 50 days.

The data shows that as of June 19, 620 Canadians have been denied the rebate and 6,700 applications remain without a response. Of the applications that have been accepted, 130 are from Quebec, with the 20 others labelled as coming from the rest of Canada.

Ottawa has paid out a total of $3,577,000 on the approved rebate applications, according to the data. In its spring economic update, the government set aside $68.2 million for the tax rebate over three years, beginning in 2026–27.

The government’s data shows it has so far paid out an average rebate of about $24,000.

In an analysis released in June 2025, the parliamentary budget officer said Ottawa’s tax rebate would save first-time homebuyers an average of $26,832 on a newly built home. It estimated over 71,000 new builds would qualify over the program’s lifetime.

While Prime Minister Mark Carney announced the government would eliminate the GST for first-time homebuyers on homes at or under $1 million in March 2025, Conservative Leader Pierre Poilievre made the promise months earlier.

During the election campaign, Poilievre expanded his promise to include new homes up to $1.3 million, which remains part of the Conservative Party’s platform.

Carney unveils housing plan to double pace of home building

As part of the Liberals’ affordability Bill C-4, the GST rebate didn’t receive royal assent until March 2026.

According to John Fragos, spokesperson for the finance minister, the rebate’s slow uptake was due in part to uncertainty around the passage of its legislation. Bill C-4 faced a number of delays through the House of Commons and the Senate before becoming law.

Fragos said the government expects to see a “positive uptick” in the rollout of the GST rebate, “now that there’s concrete legislation” behind it.

Read Entire Article
Tags: Canada NewsCBC.ca
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

Kori Cheverie named head coach of Canadian women’s hockey team

by WeMaple AI
September 24, 2026
0
Kori Cheverie named head coach of Canadian women’s hockey team

Kori Cheverie was named head coach of the women’s national hockey team that will compete at the world championship in Esbjerg, Denmark, Hockey Canada announced on ThursdayThe tournament...

Read more

‘Where are the documents?’ Assembly of First Nations still seeking uncensored RCMP spying file

by WeMaple AI
September 24, 2026
0
‘Where are the documents?’ Assembly of First Nations still seeking uncensored RCMP spying file

The Assembly of First Nations is still waiting for uncensored access to the government's historic intelligence dossier on the organization, six months after a CBC News investigation revealed...

Read more

Belleville, Ont., police to give update on motive behind shooting near synagogue

by WeMaple AI
September 24, 2026
0
Belleville, Ont., police to give update on motive behind shooting near synagogue

Read Entire Article

Read more

N.S. elementary school teacher charged with sexually assaulting student

by WeMaple AI
September 24, 2026
0
N.S. elementary school teacher charged with sexually assaulting student

A Pictou County teacher is facing a slew of charges, including sexual assault involving a student at the elementary school where he taught, and RCMP say they have...

Read more

N.S. teacher charged with sexually assaulting student at school

by WeMaple AI
September 24, 2026
0
N.S. teacher charged with sexually assaulting student at school

A Nova Scotia teacher is facing a slew of charges, including sexual assault involving a student at the school where he taught, and RCMP say they have identified...

Read more
Next Post
Strategy Keeps ATM Financing Available For Future Bitcoin Purchases

Strategy Keeps ATM Financing Available For Future Bitcoin Purchases

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Zcash Price Explodes as ETF Demand Rises—Can ZEC Reach $1500?

Zcash Price Explodes as ETF Demand Rises—Can ZEC Reach $1500?

September 9, 2026
As Trump admin. champions monthly prayer, advocacy group files lawsuits

As Trump admin. champions monthly prayer, advocacy group files lawsuits

March 26, 2026
Ethereum’s Staking Ecosystem Evolves As Market Cap Expands Rapidly

Ethereum’s Staking Ecosystem Evolves As Market Cap Expands Rapidly

April 16, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.