Ontario Healthy Homes Renovation Tax Credit The Healthy Homes Renovation Tax Credit is a permanent personal income tax refund for seniors and the family members who live with them. Those who qualify can claim up to $10,000 worth of home modifications on their tax returns and receive back 15 per cent of eligible expenses. A household that spends $10,000 on eligible home renovations potentially can … Continue reading Healthy Homes Renovation Tax Credit
With spring just around the corner, it’s a good idea to inspect your home for any damage that may have occurred over the winter months. This is also the time of year to prepare your home for potential rain storms and help reduce the risk of basement flooding. Here’s a checklist to get you started on the road to flood proofing your home. Inspect your … Continue reading Flood proof your home for spring
Here’s another of Dianne Nice’s columns – this one is all about what you need to consider when you’re buying a home and want to maximize your investment. It may be ironic for an author of real estate tips books to advise people not to act on tips, but Don Campbell is adamant that buyers do their groundwork before they invest in the next housing … Continue reading How to find the next real estate hot spot
The federal and provincial governments provide grants to homeowners who undertake renovations that improve the energy efficiency of their homes. These programs are coming to a close as of March 31, 2011. Before undertaking any renovations, homeowners must first have an energy audit of their home performed by a licensed service organization. The evaluation report provides customized recommendations for renovations to improve the energy efficiency … Continue reading Ontario Home Energy Savings Program ends on March 31, 2011
It’s cold comfort now, but running the air conditioner and other appliances will cost less starting next May when the Ontario government cuts evening power prices two hours earlier, at 7 p.m. The change in rates for about one million Ontarians on smart meters and time-of-use pricing will be announced Tuesday by Energy Minister Brad Duguid as he sets out a new long-term energy plan, … Continue reading Break coming on peak hydro pricing – next spring
