Ontario Gives Rebates to First-time Buyers...for Repeat Buyers...Well
Though the government of Canada has recently made home ownership a tad more difficult and our provincial friends have been less than popular with the soaring costs of hydro, this government's move will help first time buyers by keeping more money in their pockets at the time of closing. They are doubling the rebate on the land-transfer tax for first-time buyers to $4,000, but are also increasing the same tax on homes that sell for over $2 million.
you can read/watch the full details here https://www.thestar.com/news/queenspark/2016/11/14/first-time-home-buyers-to-get-4000-land-transfer-rebate.html
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