Most provinces charge a land transfer tax (LTT) when you buy a home - one of the larger closing costs, and one that varies a lot by location.
It varies by province
Ontario and BC use graduated brackets; some provinces charge a flat rate; Alberta and Saskatchewan charge none (just registration fees). Toronto adds a second municipal LTT on top of Ontario's.
First-time buyer rebates
Several provinces and cities offer rebates that can eliminate the tax entirely on lower-priced homes. Eligibility and amounts differ by location.
Budget for it
Because it's paid at closing and can run into the thousands, estimate your LTT early. Our land transfer tax calculator covers every province plus Toronto.
Have questions about your situation? An advisor can walk you through it.