POLITICS
10/13/2011 01:09 EDT | Updated 10/13/2011 02:31 EDT

Saskatchewan Election: Saskatchewan Party Leader Brad Wall Pledges Tax Credit For First-Time Home Buyers

CP

REGINA - A re-elected Saskatchewan Party would introduce an income tax credit for first-time home buyers.

Premier Brad Wall says the non-refundable credit of $10,000 would result in $1,100 in income tax savings.

The credit would also be extended to people with disabilities buying a more accessible home -- even it if wasn't their first.

The provincial credit would be on top of a similar one offered by the federal government.

Wall says the tax credit would cost $6.6 million a year and would ensure that more people stay in Saskatchewan.

The provincial election is Nov. 7.