The Enhancement of the GST/HST New Residential Rental Property Rebate

By Stephen Rice, CPA, Fruitman Kates LLP, Toronto, ON

As part of Bill C-56 which received royal assent on December 15, 2023, the Government of Canada is providing a 100% rebate of the GST, or the federal portion of the HST, on new purpose-built rental housing ("PBRH"). 

The PBRH rebate is an enhancement of the GST/HST new residential rental property ("NRRP") rebate, and will support the construction of new apartment buildings, student housing, and seniors' residences designed for long-term residential rental.

The Canada Revenue Agency ("CRA") published GST/HST Notice 336 in June 2024 providing additional...

Life Events and Their Tax Implications

By Shane Whitmore, CPA; Kendra Herceg, CPA, Davis Martindale, London, ON

They say the two certainties in life are death and taxes. This article provides a basic overview of some of the tax considerations related to various life events...