HALIFAX - The Nova Scotia government is fulfilling an election campaign promise by offering a one-time rebate on new home construction.
Premier Darrell Dexter says the rebate is equivalent to 50 per cent of the provincial portion of the HST.
Homeowners with a municipal construction permit dated May 1 or later are eligible -- the four per cent rebate is limited to a maximum of $7,000.
Fifteen hundred rebates will be available for construction or purchases completed by March 31.
Dexter says the move will stimulate the economy while creating and maintaining jobs for tradespeople.
From January to April, Nova Scotia experienced a more than 30 per cent decrease in new home construction -- excluding apartments -- over the same period in 2008.
