Finally, some good news for the housing market!  The Federal Government has introduced a new policy estimated to generate a remarkable $3.9 billion in tax savings for Canadians over five years, starting in the 2025-26 fiscal year. In addition to financial relief, the policy aims to stimulate the construction sector by encouraging the building of new homes across Canada. At Stranville Living Master Builder, and as a prominent player in the industry, we are already poised to meet this heightened demand by constructing ideal homes for families in Alberta and Eastern British Columbia. What is this new tax-saving policy? Let’s take a closer look! 

What is the FTHB GST Rebate? 

On May 27, 2025, the Federal Government announced a game-changing policy that is eliminating the Goods and Services Tax (GST) for first-time home buyers (FTHB) on new homes up to $1 million and reducing the GST for first-time home buyers on new homes between $1 million and $1.5 million. This significant policy change is expected to facilitate homeownership for young Canadians and promote greater accessibility for individuals seeking to invest in residential properties. As a result of this rebate, first-time home buyers stand to benefit significantly from this rebate, with potential savings of up to $50,000 on the purchase of a new home.  

Save Tens of Thousands on Your New Quick Possession Home Purchase! 

Stranville Living has many new homes already built and ready for quick possession that qualify for this new rebate.  If you are over 18, this is your first home purchase,  and it will be your primary residence, this rebate will result in significant savings for you.  For example, one of our most highly sought after home models is the “Plockton,” a beautiful house with three bedrooms and 2.5 Bathrooms at 1,403 sq. It is priced at $469,900, including GST.  However, with the new legislation, first-time homebuyers will pay only $447,633.97.   This is a significant tax savings of $22,236.03! To claim this rebate, you will need to fill out a specific form when you file your taxes. Our team at Stranville Living Master Builder will stay up to date on the legal ins and outs of this new intiative by the Federal government and can guide you through this process, ensuring you receive the maximum benefit! 

Build Your Customized Home GST Tax-Free! 

Now, with this new savings, this could be the moment you have been waiting for to have a customized home built for you and your family.  After saving and dreaming for years, this can really happen.  Stranville Living offers numerous communities to choose from in the Lethbridge, Coaldale, Crowsnest Pass, and Sparwood areas. What sets us apart is our commitment to quality, customer service, and community development.  Once you select the area you want to live in, then the fun can really begin.  Come see us at our Design Center in Lethbridge and meet the professional sales consultants who will help you choose your lot, home model and every detail after that.  Or, if you want to experience the feel of what your new home will be like, visit one of our Show Homes.  We know you will fall in love the moment you walk through the door of one of these beautiful show homes.  

Start Your Home-Buying Journey Today 

This pivotal announcement not only opens doors for many Canadians to attain their dream of homeownership but also fosters an environment conducive to long-term investments in the housing market. In removing the GST from homes under  1 million and reducing the GST on homes prices between 1milllion and 1.5 million, it is making owning your first home attainable. This policy enables families to create lasting memories in spaces they can truly call their own, ultimately contributing to the growth of vibrant communities throughout the country.  We are confident that Stranville Living Master Builder can help you do this.  Now is the time for first-time home buyers to buy their dream home that will last a lifetime, and create memories that will be cherished for generations.