Ontario haults HST on new homes up to $1.5 million in major stimulus

HomeArchitecture/planningOntario haults HST on new homes up to $1.5 million in major... Architecture/planningAround the provinceGTAAssociationsContractingGovernmentProjects and opportunities Ontario haults HST on new homes up to $1.5 million in major stimulus By Robin MacLennan, Editor, Ontario Construction News March 27, 2026 0 445 Share FacebookXEmailPrintCopy URL Ontario Construction News staff writer The province is planning to temporarily remove Harmonized Sales Tax (HST) for all buyers of new homes valued up to $1.5 million. Premier Doug Ford visited a Mississauga construction site Wednesday to announce the full 13 per cent tax will be removed for new homes valued up to $1 million from April 1, 2026 to March 31, 2027. For homes valued up to $1.5 million the temporary measure would qualify buyers for the maximum $130,000, and it will decrease proportionally to homes valued at $1.85 million, which would qualify for a $24,000 rebate, said the release. Richard Lyall, president of the Residential Construction Council of Ontario (RESCON), called the announcement “a bold and timely move” that will breathe new life into the struggling residential construction sector. “It is a necessary initiative given the depth of the market downturn and grim outlook for the industry. This will help revive residential construction and save industry jobs,” he said in a statement. The West End Home Builders’ Association (WE HBA) also welcomed the announcement, saying it will significantly red...