Skip to content

Program · Federal

First-Time Home Buyers' Tax Credit (HBTC)

Non-refundable federal tax credit worth up to $1,500, claimed on line 31270 the year after you buy.

Reviewed by Ben Stevenson, Managing Editor, Canadian Money Help Updated April 20, 2026 Methodology

Eligibility

  • First-time buyer by CRA definition, or a person with a disability buying a more accessible home
  • Home must be in Canada and registered in your or your spouse's name
  • Must intend to occupy as principal residence within one year

Limits and rules

  • Eligible amount: up to $10,000
  • Credit: 15% of eligible amount = up to $1,500
  • Splittable between partners; combined claim cannot exceed $10,000

Source

CRA: Line 31270 →