This article exists as part of the online archive for HuffPost Canada, which closed in 2021.

Home Renovation Tax Credit Promised By Harper During Tile Factory Stopover

The Conservative leader said the new credit “helps every single Canadian, whether they have children or not.”

Stephen Harper unveiled another election promise Tuesday, pledging to introduce a permanent home renovation tax credit.

Renovation expenses between $1,000-$5,000 are eligible for the annual credit, Harper said at a campaign stop at Olympia Tile International Inc.

The new promise is a permanent measure to replace a temporary credit introduced by the federal government in 2009 — which, according to the party, has saved over three million Canadians more than $700 each.

The annual cost of the credit to taxpayers is expected to be $1.5 billion once implemented.

The Conservative leader said the re-introduced credit “helps every single Canadian, whether they have children or not.”

“Young parents renovated rooms as nurseries, empty-nesters converted rooms for other uses, older Canadians made changes to remain independent in their own homes,” said Harper before taking a swipe at federal Liberal Leader Justin Trudeau.

“The renovation tax credit helps every homeowner, regardless of income. I know Justin Trudeau doesn't think every family deserves help, but we do.”

He made the announcement at a Toronto-area tile factory within Joe Oliver’s Eglinton-Lawrence riding. Oliver was also in attendance.

Also on HuffPost:

Close
This article exists as part of the online archive for HuffPost Canada. Certain site features have been disabled. If you have questions or concerns, please check our FAQ or contact support@huffpost.com.