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Daily Archives: April 9, 2025

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Making Moves – Carney Pledges to Cut GST for First-time Buyers of Homes Under $1M

Posted on April 9, 2025
By Eric MajdalaniMortgage
homeown

Prime Minister Mark Carney is promising relief for first-time homebuyers by eliminating the GST on homes priced at $1 million or less. The new measure, unveiled in Edmonton just days before the expected launch of the federal election campaign, would save buyers as much as $50,000, Carney said. It also aims to stimulate new housing…

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