
Episode #7
First-Time Home Buyer Rebate in Canada What You Actually Need to Know- Guide by Charles Ndegwe
In this episode, Charles Ndegwe, CPA joins us to unpack the enhanced GST/HST New Housing Rebate — a program many first-time home buyers in Canada haven't heard of, but one that could save them tens of thousands of dollars on a newly built home. We talk through the eligibility rules, the difference between qualifying and non-qualifying properties, how the rebate amount changes depending on purchase price, and why the timing of your Agreement of Purchase and Sale matters. Charles also shares what documents buyers should hold on to and why speaking with an accountant before closing can prevent costly surprises. If you're a first-time buyer trying to make sense of new housing incentives, or an advisor who wants a clear explanation to share with clients, this conversation lays it out in plain terms. Full article and breakdown: https://cnaprofessionalaccountants.com/government-scheme-on-buying-first-new-home-in-canada-explained-by-charles-ndegwe/

