Canada's Economic Action Plan
(The Home Renovation Tax Credit)
Home renovations are smart investments in the long-term
value of a home and create economic activity by increasing the demand for labor, building materials, and other
goods. Renovations can also reduce energy consumption and the long-term cost of owning a home.
To
provide some $3 billion of much-needed fiscal stimulus and encourage investments in Canada’s housing stock, Budget
2009 proposes to implement a temporary Home Renovation Tax Credit (HRTC). Eligible Expenditure
- Renovating a kitchen, bathroom, or basement
See More about The home Renovation Tax Credit……
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