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HST Rebates Rules

Blog by Claire LeLacheur | April 7th, 2010

 HST New Housing rebate:

Buyers of 

new or substantially renovated homes priced up to $525,000 are eligible for a rebate of 71.43% of the provincial portion of the HST, up to $26,250.

Buyers of homes priced above $525,000 are eligible for a flat rebate of $26,250.

Ironic how 71.43% is such a memorable number.

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