Canada’s HST New Housing Rebate program, created under s. 254 of the Excise Tax Act, offers significant economic relief to qualifying purchasers of qualifying properties. However, the eligibility criteria are complicated, and have been strictly applied by courts. To avoid claims based on a client’s non-receipt of the rebate (or on having had it clawed back), a real estate lawyer must understand the rules. Only then will the lawyer be in a position to ask the questions that will establish whether or not the client is eligible for the rebate, and to appropriately manage the client’s expectations.
The rebate . . . [more]