Ontario offers 1st-time homebuyers bigger tax break
The Ontario government is moving to double the maximum tax rebate offered to first-time homebuyers while boosting the land-transfer tax on house purchases above $2 million. Finance Minister Charles Sousa made the announcements in his fall economic statement, delivered in the provincial legislature on Monday afternoon. The changes are to take effect on Jan.1, 2017. "Purchasing your very first home is one of the most exciting decisions in a young person's life, but many are wor
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