Buying a home in Lethbridge is expensive, so if you can save money somewhere along the way it’s worth the effort of a little extra paperwork. The First Time Home Buyers’ Tax Credit is a Government of Canada scheme designed to assist first time buyers with their home purchase. You qualify if you or your spouse or common law partner bought a qualifying home and you did not live in another home owned by you, your spouse or common law partner in the year of purchase or in any of the previous four years. You can claim a non-refundable tax credit of up to $750. See the Canada Revenue Agency website for more info.
