Dali Borojevic's blog
First-Time Home Buyer Incentive - How it works
This program was launched by the Government of Canada on September 2, 2019 to help first-time home buyers purchase their first home, offering 5% of the purchase price as a mortgage (shared equity), or 10% for a purchase of a new home.
Let’s analyze how one can benefit from the program and how it affects average GTA first-time home buyer.
