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Ontario Doubles First Time Buyer Rebate

Ontario Doubles First Time Buyer Rebate

In an effort to help first-time homebuyers—but not hurt the equilibrium of housing markets outside of Toronto—the Ontario Liberal government announced today that they’ll double the first-time homebuyers’ maximum Land Transfer Tax refund to $4,000. This increased rebate will take effect January 1, 2017 and will mean that eligible homebuyers in Ontario would pay no Land […]