If you have been following the news lately, you might have heard that Bill C-4 officially received Royal Assent on March 12, 2026. For most, that sounds like typical government jargon. But for first-time home buyers in Greater Moncton and in Canada, it is actually the most important piece of news in a long time.
This new law officially eliminates the federal portion of the GST for first-time buyers on new homes valued up to $1 million. In a market like ours, where the average price is currently hovering around $388,000, this isn't just a small tax break. It is a massive financial boost that can put tens of thousands of dollars back into your pocket.
Here is how the numbers look for common price points in the Moncton area. This is actual cash that stays in your bank account rather than going to the CRA:
Who can apply?
Other conditions or criterias shall apply. Learn more by visiting the link below:
New construction homes are one of our core areas of expertise—and we’re here to make the process seamless from start to finish. When you work with us, you gain access to valuable insights, exclusive opportunities, and trusted guidance every step of the way.
Here’s what you can expect:
If you’ve been waiting for the right time to enter the market, this could be your moment. Whether you're searching for a modern semi-detached home or dreaming of a fully customized family space, we’re here to help—whether that means finding the perfect move-in ready home or guiding you through the journey of building from the ground up.
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