How the New HST Act Affects You

May 17, 2026

HST Relief Receives Royal Assent


Here is your weekly update on what is going on in the real estate market. From localized announcements to international trends, stay in the know about what is going on all things real estate. 


HST Relief Receives Royal Assent

In case you missed our previous video on HST relief in Ontario, Bill 114—Ontario’s new HST legislation—received Royal Assent on May 12. This change has real implications for buyers, builders, and investors, especially when it comes to new construction and overall affordability.

 

Watch the full video to understand what’s changed and how it could impact your next move. Full breakdown from the Ontario website also available in our newsletter.

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HST Relief Implementation Act (Residential Property Rebates), 2026, S.O. 2026, c. 5 - Bill 114

Ontario.ca

The HST Relief Implementation Act is now in effect, authorizing rebates of up to $50,000 on the federal portion of HST for residential properties. Designed to assist with housing affordability, the act applies to eligible purchase agreements signed by March 31, 2027. Property owners should review the specific eligibility requirements to ensure they qualify for these provincial credits.

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Need a break from real estate news? See why people love living here! Check out some upcoming events and activities happening in the Bay of Quinte and Prince Edward County region!

Parlour Talk: 190 Years of Policing in Belleville

Join Glanmore’s Exhibit Coordinator, Danielle Faires, for a special look at the museum's newest exhibit celebrating 190 years of policing in Belleville. The presentation takes place on May 21 from 2:00 pm to 3:30 pm, and general admission rates apply. It is a unique opportunity to explore nearly two centuries of local law enforcement history.

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Industry Meet Up Monday’s at Meyers Creek Brewing! Work in the food and beverage industry, and your day off is always on a Monday? Because after a week of work, it’s time to kick back, relax, and have some fun.

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Happy House at The Local Social House

The Local Social House is bringing back the "social" with a new weekly event every Friday from 2:00 PM to 6:00 PM. Guests can enjoy special pricing, great service, and a lively atmosphere designed to kick off the weekend. Whether stopping by for the "House" specials or the community vibe, it’s the perfect local spot to transition into the weekend.

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Why Sellers & Buyers Trust Kehoe Real Estate Group

A Reputation Built on Relationships | Most of our business comes from repeat clients and referrals,  something we’re proud of. We treat every transaction like the start of a long-term relationship. From first-time buyers to seasoned investors, our clients know they can count on us year after year.

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