Introduction In a major affordability boost, the Canadian federal government announced on May 27, 2025 a sweeping GST rebate that effectively eliminates the 5% federal GST on the purchase of new homes priced up to $1 million for eligible first-time home buyers . This is not just a partial refund - it’s a full exemption of GST up front for most first-time buyers on new construction. What Is the New FTHB GST Rebate? Full 5% GST exemption on new homes valued at $1 million or less (savings of up to $50,000). Partial exemption for homes valued between $1 million and $1.5 million - rebate phases out linearly so a home at $1.25 million would qualify for about a 50% rebate (roughly $25,000). No rebate on homes valued at or above $1.5 million . Who Qualifies? To be eligible, buyers must meet common-sense criteria: Be 18 or older, a Canadian citizen or permanent resident. Have never owned a home - in Canada or abroad - in the current year or the four previous years (inc...
Selkirk, Manitoba is quickly becoming one of the most desirable small cities to live in just outside Winnipeg. With exciting new subdivisions, mixed-use projects, and builder-driven communities taking shape in 2025, now is the perfect time to explore what’s new in Selkirk - whether you’re a first-time buyer , investor, or planning to sell . Here’s a closer look at the top new developments in Selkirk that you should definitely know about. 1. Aspen Creek Trails by Skylark Homes Ltd. Located in Selkirk's growing West End, Aspen Creek Trails is one of the city's most exciting new residential developments - and Skylark Homes Ltd. is leading the charge with a diverse range of housing options to suit every lifestyle. As the builder representative for Skylark Homes, I can personally help you navigate this fantastic opportunity. What’s Available: Single-Family Bungalows & Two-Storey Homes Side-by-Side Bungalows & Two-Storeys Duplexes with Legal Secondary Suites (...