Katrina & The Team

1. What is the Home Buyers' Tax Credit (HBTC)?

For 2009 and subsequent years, the budget proposes to introduce a new non-refundable tax credit, based on an amount of $5,000, for certain home buyers that acquire a qualifying home after January 27, 2009 (i.e., closing after this date).

2. How is the new HBTC calculated?

The HBTC is calculated by multiplying the lowest personal income tax rate ...

Here is the link to the RE/MAX First Time Home Buyer Report for 2009:

Re/Max First Time Home Buyer Report 2009 

Katrina is Surrey's local contact in the report