Posts Tagged ‘HRTC’

Home Renovation Tax Credit

Friday, May 8th, 2009

Thinking of renovating your home this year? The Canadian federal government is offering a Home Renovation Tax Credit for homeowners making improvements that can save you up to $1350 this year.

There are a number of expenditures eligible for the HRTC, including:

  • Renovating a kitchen, bathroom or basement
  • New carpet or hardwood floors
  • Building an addition, garage, deck, garden/storage shed, fence
  • Re-shingling a roof
  • A new furnace, woodstove, boiler, fireplace, water softener or water heater
  • A new driveway or resurfacing a driveway
  • Painting of interior or exterior of a house
  • Window coverings directly attached to the window frame and whose removal would alter the nature of the dwelling
  • Laying new sod
  • Swimming Pools (Permanent - in ground and above ground)
  • Fixtures – lights, fans, etc.
  • Associated costs such as permits, professional services, equipment rentals and incidental expenses.

Want to learn more?

Canada Revenue Agency

More about the HRTC

Canada Ministry of Finance -

Environment Canada -

Renovation tax credit ‘too good to pass up’ by Ellen Roseman -