Nov. 15, 2016

First-time home buyers to get $4,000 land transfer rebate

The change, which takes effect on Jan. 1, means first-time buyers will not pay land transfer tax on the first $386,000 of the cost of their homes, Finance Minister Charles Sousa says - (Peter Power / THE CANADIAN PRESS) - "I'm good with this - If you can afford a $2 million home; you can afford to subsidize $4,000 for somebody who can't"