Prime Minister Carney to eliminate GST on homes sales up to $1 million for first-time homebuyers
Prime Minister Mark Carney has announced the GST applied to home sales worth up to $1 million will be eliminated.
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What sales taxes do I need to pay when buying a car in Canada?
In Quebec, businesses are required to charge the 5% GST and the provincial Quebec Sales Tax (QST), which is set at 9.975%.
Prime Minister Carney will eliminate GST for first-time homebuyers
Canada is in a housing crisis – demand has gone up, supply has not kept pace, and prices are too high. The new government of Canada is taking immediate action to address this crisis.
Annual rate of inflation accelerates sharply to 2.6% in February as tax break ends
The annual rate of inflation accelerated sharply to 2.6 per cent in February as the federal government's temporary tax break came to an end mid-month, Statistics Canada said Tuesday.
Canada's CPI jumps 2.6% in February, surpassing estimates of 2.1%
Tuesday's report from Statistics Canada revealed that the Consumer Price Index (CPI) rose by 2.6% in February 2025, marking a significant increase from the 1.9% rise in January. This acceleration ...