HST Rebate Information
Many people are concerned that the HST has caused the total price of new homes in BC to increase. In fact, the BC new housing Rebate will ensure that purchasers of new homes, up to $525,000, do not pay any more tax than under the previous tax system.
For more information please visit the following web sites:
http://hst.blog.gov.bc.ca/faqs/new-housing-rebate/
http://www.cra-arc.gc.ca/E/pub/gi/notice246/notice246-e.pdf