The parliamentary budget officer says Ottawa’s plan to slash the sales tax on housing would save an eligible first-time ...

The government is proposing to cut its 5-per-cent GST entirely for first-time buyers that are purchasing a new or ...

The parliamentary budget officer says Ottawa's plan to slash the sales tax on housing would save an eligible first-time ...

Neither are investors. The PBO forecasts the program will cost $1.9 billion over six years, while the federal government has pegged the "tax savings" for Canadians at $3.9 billion over five years.

But the PBO’s estimate of the plan’s total cost is substantially lower than the federal government’s estimate, and ministers responsible for the file have not offered an explanation for the gap.

The GST rebate would be phased down as the price of the home approaches $1.5 million Author of the article: You can save this article by registering for free here. Or sign-in if you have an ...

Neither are investors. The PBO forecasts the program will cost $1.9 billion over six years, while the federal government has pegged the "tax savings" for Canadians at $3.9 billion over five years. The ...