Bill C-4 Cuts GST for Buyers

Bill C-4 became law, targeting affordability for first-time buyers and middle-class taxes.
New homes <$1M: GST eliminated for first-time buyers; $1M–$1.5M: GST reduced.
Government says savings reach $50K, helping young people and families buy.
Tax change: marginal rate 15%→14% for incomes <$117,045, backdated to July 1, 2025.
Fuel charge removal began after April 2025 election; government cites gas ↓18¢/L.
Toronto remains pricey: GTA avg. sale $1M+ in February; mixed reactions online.