Houses under construction in Toronto in a file photo. Graeme Roy/The Canadian Press
The Ontario government is removing the Harmonized Sales Tax (HST) on new homes for one year in an effort to stimulate a sector struggling with dwindling sales, Premier Doug Ford said.
Ford announced the plan at a March 25 press conference in Mississauga, saying the full 13 percent tax will be eliminated for new homes worth up to $1 million from April 1, 2026, through March 31, 2027.
