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Recent Posts
Prepare For Higher Mortgage Rates
The Canadian housing market has seen a stronger and faster rebound from the recession than any other segment of the economy, due in large part to enticingly low mortgage rates.But rates this low - 5.59 per cent for a five-year fixed-rate mortgage and...
Canada\'s Dramatic Real Estate Recovery Questions
The dramatic recovery of the resale housing market – with the pace of activity and prices setting another record in October – has some economists wondering if Canada is in the midst of a housing bubble.Economists at Scotia Capital Inc. are of the...
Quebec Home Improvement And Renovation Tax Credit (HRTC) ( part 2 )
Examples of non-qualifying workLandscaping, other than to restore the lot to its condition prior to the recognized work Construction of outdoor play equipment oInterior decoration (decorator's service)Erecting or repairing a fence, low wall, etc.Dr...
Quebec Home Improvement And Renovation Tax Credit (HRTC)
If you meet certain eligibility requirements, you may be entitled to a refundable tax credit for the 2009 taxation year for expenses incurred under a residential renovation agreement entered into in 2009 for home improvements or renovations.The tax ...
Federal Home Renovation Tax Credit ( part 3 )
Work performed by electricians, plumbers, carpenters, architects Generally, work performed by electricians, plumbers, carpenters, architects, etc.in respect of an eligible expense qualifies.Family member hired for renovations Expenses are not eligib...
Federal Home Renovation Tax Credit ( part 2 )
Some businesses or individuals may assert that certain items qualify for the HRTC. It is important to remember that you are responsible for ensuring that all eligibility requirements are met when you claim this credit on your tax return.Examples of ...
