On Wednesday morning, Ontario Premier Doug Ford visited Mississauga to unveil a new plan for HST rebates aimed at reducing the cost of new homes. Among those present was Mississauga Mayor Carolyn Parrish, along with various officials.
Doug Ford stated that his government is broadening the HST rebate initiative in a bid to jumpstart the housing market and help numerous families achieve “the dream of home ownership.”
During his announcement in Mississauga, just before the 2026 Ontario budget release, Ford revealed that eligible buyers purchasing new homes valued up to $1.5 million will see the full 13 percent Harmonized Sales Tax waived in the upcoming year. The maximum rebate amount would reach $130,000, according to provincial officials.
The premier remarked that for too long, “the dream of home ownership has been out of reach for many.”
Mayor Carolyn Parrish highlighted that her housing task force has made significant progress over recent years to encourage affordable housing development in the city, calling Ford’s announcement “the cherry on top” of existing initiatives.
“We’ve done everything humanly possible (in Mississauga)” to expedite home construction and reduce costs,” Parrish said while standing next to Ford and others at Wednesday’s event. She mentioned that Canada’s seventh-largest city is working on building 17,000 affordable housing units and noted that “this (announcement) will double that very shortly.”
Ontario Premier Doug Ford was in Mississauga on Wednesday to announce a plan to expand the HST rebate program for homebuyers.
The mayor expressed appreciation for the province’s decision regarding the HST rebate, describing it as an “important step” toward making homes more affordable.
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“The provincial government’s HST cut will help turn Mississaugans’ home ownership dreams into reality. We have been doing all we can – through reductions and elimination of development charges – to get more homes built and make them more affordable. We aim to continue setting an example across Ontario. Today’s announcement furthers the necessary coordinated effort across Canada to address affordability.”
This new move by the province is expected to stimulate new home construction and “keep costs down for families,” building upon earlier federal and provincial actions which provided HST rebates for first-time buyers of new homes priced up to $1 million.
Ottawa has agreed to share costs with Ontario in support of this expanded HST rebate initiative.
“The federal government has agreed to cost-share with Ontario in support of provincial housing initiatives, subject to passage of federal legislation, which would approximately cover the federal five percent portion of the HST that is being removed from new homes in Ontario,” stated a news release from the province on Wednesday morning. “This partnership would provide almost $2.2 billion in total joint tax relief for housing in Ontario.”
Ford added that “in the face of tariffs and economic uncertainty, our government is working closely with the federal government to do everything we can to lower costs for families, keep workers on the job and build the most competitive, resilient and self-reliant economy in the G7.
“Today’s announcement will provide meaningful and significant relief to the people of Ontario, helping thousands more families realize their dream of homeownership while boosting Ontario’s economy by $2.7 billion.”
The proposal aims at strengthening both existing provincial HST New Housing Rebate and New Residential Rental Property Rebate for one year – from April 1 through March 31, 2027 – by temporarily waiving HST fees for qualifying buyers purchasing eligible new homes as per provincial guidelines.
“Home ownership is a cornerstone of Ontario’s economic success,” stated Rob Flack, minister of municipal affairs and housing. “Ontario thrives only when its people thrive. That is why our government is taking this massive step forward-to protect Ontario by creating conditions conducive for getting more shovels in ground quickly while making home ownership dreams come true for even more people.”
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“The provincial government’s HST cut will help turn Mississaugans’ home ownership dreams into reality. We have been doing all we can – through reductions and elimination of development charges – to get more homes built and make them more affordable. We aim to continue setting an example across Ontario. Today’s announcement furthers the necessary coordinated effort across Canada to address affordability.”
This new move by the province is expected to stimulate new home construction and “keep costs down for families,” building upon earlier federal and provincial actions which provided HST rebates for first-time buyers of new homes priced up to $1 million.
Ottawa has agreed to share costs with Ontario in support of this expanded HST rebate initiative.
“The federal government has agreed to cost-share with Ontario in support of provincial housing initiatives, subject to passage of federal legislation, which would approximately cover the federal five percent portion of the HST that is being removed from new homes in Ontario,” stated a news release from the province on Wednesday morning. “This partnership would provide almost $2.2 billion in total joint tax relief for housing in Ontario.”
Ford added that “in the face of tariffs and economic uncertainty, our government is working closely with the federal government to do everything we can to lower costs for families, keep workers on the job and build the most competitive, resilient and self-reliant economy in the G7.
“Today’s announcement will provide meaningful and significant relief to the people of Ontario, helping thousands more families realize their dream of homeownership while boosting Ontario’s economy by $2.7 billion.”
The proposal aims at strengthening both existing provincial HST New Housing Rebate and New Residential Rental Property Rebate for one year – from April 1 through March 31, 2027 – by temporarily waiving HST fees for qualifying buyers purchasing eligible new homes as per provincial guidelines.
“Home ownership is a cornerstone of Ontario’s economic success,” stated Rob Flack, minister of municipal affairs and housing. “Ontario thrives only when its people thrive. That is why our government is taking this massive step forward-to protect Ontario by creating conditions conducive for getting more shovels in ground quickly while making home ownership dreams come true for even more people.”
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