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Residents in Ontario [1] (until July 1, 2010 when the HST takes effect, ending the previous PST rebate) and Quebec, [2] Canada can claim a rebate on the Provincial Retail Sales Tax of up to CA$2,000 on the purchase or lease of a hybrid vehicle, and Federal Transport Canada can claim a rebate of CA$1,500. [3]
In all provinces where the provincial sales tax is collected, the tax is imposed on the sale price without GST (in the past, in Quebec and in Prince Edward Island, PST was applied to the combined sum of sale price and GST). Of the provincial sales taxes, only the QST (and the HST) are value-added; the rest are cascading taxes.
Ontario has 52 cities, [1] which together had in 2016 a cumulative population of 9,900,179 and average population of 190,388. [2] The most and least populous are Toronto and Dryden, with 2,794,356 and 7,749 residents, respectively. [2] Ontario's newest city is Richmond Hill, whose council voted to change from a town to a city on March 26, 2019. [3]
The temporary Home Renovation Tax Credit of up to $1,350 for eligible home renovations and alterations. An increase to the Home Buyers' Plan withdrawal limit to $25,000 from $20,000 to help Canadians buy a first home. A new First-Time Home Buyers' Tax Credit that will provide up to $750 in tax relief when purchasing a first home.
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The Ministry of Revenue was the ministry in Ontario, Canada responsible for administering most of the province's major tax statutes as well as a number of tax credit, incentive and benefit programs. The ministry was also responsible for managing relationships, particularly with the Canada Revenue Agency , in their administration of provincial ...
As of late 2023, just seven plug-in hybrids are eligible for a federal tax credit—but there's a workaround. Guide to Plug-In-Hybrid Tax Credits Skip to main content
The first-time homebuyer credit is a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008. For homes purchased in 2008, the credit operates like an interest ...