Government Action

To lower the upfront cost of buying a new home for young Canadians and spur the construction of new homes across the country, the government is eliminating the Goods and Services Tax (GST) for first-time home buyers 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.

New BC Building Code (BCBC) 2024 provisions for adaptable dwellings and seismic design come into effect Monday, March 10, 2025