Canadian Contractor

Steve Payne   

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

Canadian Contractor

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?

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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