Ontario government planning to remove HST on new homes worth under $1M for 1 year
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.
https://www.cbc.ca/news/canada/toronto/ontario-remove-hst-new-homes-9.7141269?cmp=rss

@cbccanada_mirror

Shouldn't it be the other way around? Only the well-off can afford to buy a new home these days. Tax the new homes, but not the second-hand ones. Sigh...