Proposed in Federal Budget 2009
1. What is the Home Buyers' Tax Credit (HBTC)? For 2009 and subsequent years, the
budget proposes to introduce a new non-refundable tax credit, based on an amount of
$5,000, for certain home buyers that acquire a qualifying home after January 27, 2009
(i.e., closing after this date).
2. How is the new HBTC calculated? The HBTC is calculated by multiplying the ...
Posted by Paulette Upshall
on February 25, 2009
Proposed in Federal Budget 2009
Action to Stimulate Housing Construction
The Government is providing $7.8 billion to build quality housing, stimulate
construction, encourage home ownership and enhance energy efficiency. Measures
include a Home Renovation Tax Credit providing up to $1,350 in tax relief to an
estimated 4.6 million Canadian families, up to $750 in tax relief for first-time ...
Posted by Paulette Upshall
on February 25, 2009
Unique contemporary home, overflowing with natural light, waiting to host your first social gathering. This spacious home screams entertainment and personal space at the same time. When you walk into the large foyer with sky lights, you will have a panoramic view of the living/dining room, abundant kitchen, and enormous family room. The main floor of this home is over 1800 sq ft and includes a full ...
Posted by Paulette Upshall
on February 10, 2009
The government has earmarked $15 million to nudge Canadians with RRSPs into buying homes. Now you can withdraw $25,000 tax free from your RRSP to buy or build a first home - up from $20,000.
The Home Buyers' Plan (HBP)
The Home Buyers' Plan (HBP) is a program that allows you to withdraw up to $25,000 from your registered retirement savings plan (RRSPs) to buy or build a qualifying home for yourself ...
Posted by Paulette Upshall
on February 10, 2009