Taxes

Taxes

What’s Taxable & What’s Not The What’s Taxable and What’s Not list is updated. Grant for New Secondary or Recreational Housing Effective April 1, 2012, a grant of up to $42,500 for the provincial component of the Harmonized Sales Tax (HST) is available for individuals who either: purchased new residential … Continue reading

Renovations Health

Reasons for renovating

According to CMHC’s Renovation and Home Purchase Survey, an estimated 1.7 million households in surveyed centres performed some form of renovation in 2011. This represents a slight decrease from 1.9 million in 2010. Thirty-seven per cent of homeowner households across the surveyed centres completed renovations in 2011, down from 42 … Continue reading