# How do the Atlantic provinces compare?

> New Brunswick: Flat rate 1.0% property transfer tax, no first-time home buyer exemption.

Category: Purchasing
Last verified: 2026-04-14
Source: https://ratellow.com/faqs/purchasing/how-do-the-atlantic-provinces-compare

## Answer
New Brunswick: Flat rate 1.0% property transfer tax, no first-time home buyer exemption. Nova Scotia: Deed transfer tax flat rate 1.5% in Halifax (varies by municipality), no provincial LTT, no FTHB exemption. PEI: Flat rate 1.0% property transfer tax, no first-time home buyer exemption. Newfoundland & Labrador: no provincial land transfer tax, similar to Alberta. Atlantic provinces generally have lower property values, making the federal programs proportionally more impactful.

## Related guide
- https://ratellow.com/guides/provincial-first-time-buyer-programs

## Sources
- FCAC First-Time Buyer Programs Overview — https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html#toc3
- CMHC Insured Mortgage Programs — https://assets.cmhc-schl.gc.ca/sf/project/cmhc/pdfs/factsheets/new/cmhc-quick-reference.pdf