{"id":1344,"date":"2026-04-02T08:01:42","date_gmt":"2026-04-02T13:01:42","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/04\/02\/hst-rebate-development-charge-cuts-boost-gta-housing-hopes\/"},"modified":"2026-04-02T08:01:42","modified_gmt":"2026-04-02T13:01:42","slug":"hst-rebate-development-charge-cuts-boost-gta-housing-hopes","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/04\/02\/hst-rebate-development-charge-cuts-boost-gta-housing-hopes\/","title":{"rendered":"HST Rebate & Development Charge Cuts Boost GTA Housing Hopes"},"content":{"rendered":"

The GTA housing market could see a significant boost thanks to a new agreement between the provincial and federal governments. Starting April 1st, eligible Ontario homebuyers will be exempt from the 13% HST on new homes. This, coupled with an $8.8 billion investment to reduce municipal development charges, aims to address housing affordability for middle-class Canadians. Prime Minister Mark Carney and Premier Doug Ford announced the initiative, emphasizing the importance of municipalities lowering development charges to access funding. Mike Moffatt, Director of the Missing Middle Initiative, believes these changes will bring housing targets closer to reality, but stresses the need for structural reforms. According to Moffatt, these measures could potentially save homebuyers up to $200,000, significantly improving affordability. <\/p>\n

For more details, read the full article on BNN Bloomberg: [https:\/\/www.bnnbloomberg.ca\/business\/2026\/03\/31\/how-might-a-new-deal-on-housing-help-middle-class-canadians\/]<\/p>\n

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Source: Read the original article<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ontario eliminates HST on new homes & invests $8.8B in development charge cuts! Will this make GTA housing affordable for middle-class families?<\/p>\n","protected":false},"author":2,"featured_media":1343,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[348,182,314,674,707,207],"class_list":["post-1344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-development-charges","tag-gta","tag-housing-affordability","tag-hst","tag-new-homes","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1344"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1343"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}