Buying a first home in Quebec comes with several upfront costs—and one of the most frustrating for buyers is the property transfer tax, often called the “welcome tax.”
A new government measure now offers a partial refund for first-time buyers. While helpful, many are asking: is this enough to truly improve access to homeownership?
What is the property transfer tax in Quebec?
The property transfer tax is a mandatory fee paid when purchasing a property. It is based on the purchase price and can easily reach several thousand dollars.
👉 For many buyers, this comes as an added financial burden at the worst possible time—right when cash flow is already tight.
What does the new refund change?
The Quebec government now offers a partial refund of the property transfer tax for eligible first-time buyers.
👉 In practical terms:
- Reduces upfront costs
- Helps certain buyers qualify more easily
- Provides short-term financial relief
However, eligibility limits mean that not everyone benefits equally.
A helpful measure… but not enough
This initiative is positive—but it does not address the bigger challenge: the total cost of buying or building a home.
👉 Buyers still face:
- Rising property prices
- High construction costs
- Tight financing conditions
👉 To better understand these costs, read our full guide:
👉 Cost to build a house (2026)
Should the welcome tax be eliminated?
In my opinion, yes.
If the goal is to truly support first-time buyers, eliminating the property transfer tax altogether would have a far greater impact.
👉 Here’s why:
- It would significantly reduce upfront costs
- It would simplify the buying process
- It would remove a major psychological barrier
At a time when housing affordability is a growing concern, stronger measures are needed.
Planning your home project: think beyond taxes
The welcome tax is only one part of the equation. A well-planned project starts with understanding all costs and options.
👉 Before you move forward, explore these essential resources:
These guides will help you plan smarter and avoid surprises.
Final thought: time for bold action on housing affordability
The new refund is a step in the right direction—but it remains a partial solution.
👉 If we truly want to make homeownership more accessible, we need to go further and remove barriers where they matter most.
Because for many families, buying a first home should not feel out of reach.