Mr. Speaker, the people of Ottawa—Vanier—Gloucester have started a petition.
I am pleased to present a petition signed by 1,765 Canadians regarding the eligibility rules for the GST new housing rebate for first-time homebuyers.
The petitioners note that the rebate is based on the purchase agreement date rather than the closing date, which unfairly excludes many first-time homebuyers of preconstruction homes, who will pay GST upon closing.
They are calling on the Minister of Finance and National Revenue to base eligibility on the closing or possession date to ensure fairness and consistency for all first-time homebuyers.