This information is correct as of today (December 30, 2009) but subject to change:
HST & Residential Housing
New Housing Rebate:
- 71.43% of the 7% provincial component up to a maximum of $26,250 rebate for homes up to $525,000
- Homes above $525,000 would receive a flat rebate of $26,250 (i.e. it would not phase out as the PPT rebate does)
- The PST embedded in new construction materials is esti ...