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See also:
• No CE? No Licence. No Exceptions. No Kidding.
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• 5yr Yield Unchanged After Defence Spending Boost
• No CE? No Licence. No Exceptions. No Kidding.
​ ​ ​
• 5yr Yield Unchanged After Defence Spending Boost
The government's proposal to scrap the 5% GST ($50K) on a $1 million home "could translate to mortgage savings of about $240 per month and a slightly smaller minimum down payment for homebuyers," reported Desjardins Economics on Monday.
But the headline savings are only half the story. Here's what else people should know about this change:
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