Canadian Contractor

Quebec's new Liberal government announces 20 per cent tax credit for renovations

The temporary tax credit for projects between $3,000 and $10,000 will create $3-billion in home renovations work in Quebec. So the politicians say. We can trust them on that, right?


April 30, 2014
By Steve Payne

Au revoir Parti Quebecois and their English-language-loathing policies.

And hello to Quebec’s new Liberal government and – this is not bad news either – their attempt to stimulate home renovations in the province.

The Quebec government has announced a temporary tax credit for homeowners, who can claim up to 20 per on renovations worth between $3,000 and $10,000. The work must be under contract by July 1, 2015 and completed by a qualified contractor by December 31, 2015.

The politicians (they can be trusted, right?) claim this will create an extra $3-billion in renovation work in Quebec, with the average project costing $13,500 per household.

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Here’s the RevenuQuebec website link.  (It’s in English, something that Pauline Marois can get all huffy about, most likely, while she’s getting her nails done every day.)

And here’s a story about it from the Montreal Gazette.

 

 

 


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