{"id":30,"date":"2026-09-28T10:00:00","date_gmt":"2026-09-28T10:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/yourhomeandcondo-com\/2026\/09\/28\/bill-c-4-cuts-gst-for-buyers\/"},"modified":"2026-09-28T10:00:00","modified_gmt":"2026-09-28T10:00:00","slug":"bill-c-4-cuts-gst-for-buyers","status":"publish","type":"post","link":"https:\/\/www.yourhomeandcondo.com\/blog\/2026\/09\/28\/bill-c-4-cuts-gst-for-buyers\/","title":{"rendered":"Bill C-4 Cuts GST for Buyers"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/javed-noor\/first-home-savings\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Big news for GTA homebuyers: Bill C-4 has officially become law, bringing fresh changes aimed at making home ownership more attainable\u2014especially for first-time buyers and middle-class families. If you\u2019re looking at new homes under $1M, the GST is now completely eliminated for first-time buyers, and for homes between $1M and $1.5M, the GST is reduced. The government estimates these changes could save buyers up to $50,000\u2014a significant boost for young families or anyone hoping to get a foot in the door. There\u2019s also a shift in income tax: the marginal rate drops from 15% to 14% for those earning less than $117,045, retroactive to July 1, 2025. And after April\u2019s election, fuel charges have started to come off, with claims of gas dropping by 18\u00a2 per litre. But even with these policy changes, Toronto\u2019s real estate market remains competitive, with the GTA\u2019s average sale price still over $1M as of February. As someone with over a decade of experience navigating these shifts, I understand how crucial it is to have the right information and strategy in your corner. Whether you\u2019re buying your first home or looking to make a move, these updates are just one piece of the puzzle in our ever-evolving market.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Big news for GTA homebuyers: Bill C-4 has officially become law, bringing fresh changes aimed at making home ownership more attainable\u2014especially for first-time buyers and middle-class families. If you\u2019re looking at new homes under $1M, the GST is now completely eliminated for first-time buyers, and for homes between $1M and $1.5M, the GST is reduced. [&hellip;]<\/p>\n","protected":false},"author":439,"featured_media":43,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-30","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/posts\/30","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/users\/439"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/comments?post=30"}],"version-history":[{"count":0,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/posts\/30\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/media\/43"}],"wp:attachment":[{"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/media?parent=30"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/categories?post=30"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/tags?post=30"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}