Filing Your Return -> Home Renovation and Home Accessibility Tax Credits
Home Renovation and Home Accessibility Loans, Grants & Tax Credits - Federal and Provincial
Home 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
 | interest-free loans of up to $40,000 to make your home more energy efficient |
| 2021 Federal Budget proposed $4.4 billion over 5 years, starting in 2021-2022, to help up to 175,000 homeowners complete major home retrofits through the interest-free loans |
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
| pre- and post-retrofit EnerGuide evaluation is required | ||||
| at least one eligible recommended retrofit must be completed | ||||
| copies of all documents must be provided, and kept until March 31, 2028 | ||||
| All mechanical and electrical systems, with the exception of thermostats, must be installed by a licensed and trained professional. | ||||
| Grant can be requested for:
|
See the following from Natural Resources Canada:
Learn about the Canada Greener Homes Grant Initiative
Eligible grants for my home retrofit
Federal Home Renovation Tax Credits
Federal Home Accessibility Tax Credit (HATC) for Seniors and Persons With Disabilities - Non-Refundable - available for 2016 and later taxation years
Federal Home Renovation Tax Credit (HRTC)
- no longer available, was only available for the 2009 taxation year.Provincial Home Renovation Tax Credits
The 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 only
Ontario Healthy Homes Renovation Tax Credit for Seniors - Refundable - was available for 2012 to 2016 tax years
Quebec Refundable Tax Credit for Eco-Friendly Home Renovation (EcoRenov) - was available for 2013 & 2014 tax years
Saskatchewan Home Renovation Tax Credit
Documentation for Home Renovation and Home Accessibility Tax Credits
Make 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:
| information that clearly identifies the vendor/contractor, including the business address, and if applicable, the GST/HST registration number; |
| the date the goods or services were purchased or provided; |
| a description of the work performed including the address where the work was performed; and |
| the amount paid. |
TaxTips.ca Resources
First Time Homebuyers' Tax Credits
Persons with Disabilities - links to all related information on TaxTips.ca
Revised: September 20, 2022