Canada News Centre

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First-Time Home Buyer Incentive (FTHBI)

Under this Incentive, Canada Mortgage and Housing Corporation ( CMHC) will fund up to 10% of a first-time home buyer’s purchase via a shared-equity mortgage (SEM). The Incentive amount is up to $40,000 (10%) for a new home or $20,000 (5%) for an existing home….

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Canada Emergency Rent Subsidy (CERS)

A new subsidy to provide rent/mortgage support until June 2021, directly to tenants. Expense subsidy of up to 65% until Dec 19, 2020, plus top-up of 25% for organizations shut down by COVID. Click below to read more: Canada Emergency Rent Subsidy (CERS) …

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Canada Workers Benefit (CWB) 2021

Our CWB 2021 tables are now available, showing the enhanced amounts for most provinces and territories. However, since the amounts for AB, NU and QC depend on provincial reconfiguration agreements which have not yet been finalized, we have used the 2020 amounts increased for inflation…