Home Renovation Tax Credit (HRTC)

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Blog by Ottawa Real Estate | Ottawa Homes for Sale | Ottawa Relocation | November 26th, 2009

The Home Renovation Tax Credit (subject to Parliamentary approval) is a non-refundable tax credit based on eligible expenses for improvements to your house, condo or cottage. It can be claimed on your 2009 income tax return. It applies to work performed or goods acquired after January 27, 2009, and before February 1, 2010 under an agreement entered into after January 27, 2009.