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Home -> Filing Your Return -> Home Renovation and Home Accessibility Tax CreditsHome Renovation and Home Accessibility Loans, Grants & Tax Credits - Federal and ProvincialHome renovation tax credits allow homeowners a tax credit for eligible renovation costs. Some of these credits are non-refundable, so the tax credit can only be used to reduce taxes owing in the current taxation year. When a tax credit is refundable, if the amount exceeds the tax otherwise payable in the year, a refund will be issued. Canada Greener Homes Loan
See CMHC's Canada Greener Homes Loan. See Life in the Tax Lane June 2022 from Video Tax News re income tax implications. Canada Greener Homes Grant Initiative
See the following from Natural Resources Canada: Learn about the Canada Greener Homes Grant Initiative Eligible retrofits and grant amounts Federal Home Renovation Tax CreditsFederal Home Accessibility Tax Credit (HATC) for Seniors and Persons With Disabilities - Non-Refundable - available for 2016 and later taxation years Provincial Home Renovation Tax CreditsThe following articles discuss the provincial home renovation tax credits: BC Home Renovation Tax Credit for Seniors and Persons With Disabilities - Refundable New Brunswick Seniors' Home Renovation Tax Credit - Refundable Ontario Seniors' Home Safety Tax Credit - Refundable - for 2021 & 2022 only Saskatchewan Home Renovation Tax Credit for 2021 & 2022 - Non-Refundable - for all SK homeowners Documentation for Home Renovation and Home Accessibility Tax CreditsMake sure you have the documentation you need to support your HRTC claim. The type and quantity of goods purchased or services provided must be clearly identified on any agreements, invoices and receipts. Required information includes, but is not limited to:
TaxTips.ca ResourcesFirst Time Homebuyers' Tax Credits Persons with Disabilities - links to all related information on TaxTips.ca Real Estate and Canadian Tax Issues, Home Buyer Incentives Revised: April 23, 2023
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