Effective March 10, 2009
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Posted by Muriel Dunford
on March 10, 2009
Hi, I'm Stu Harrison from the Peterborough Chamber of Commerce
The current economic downturn means real challenges for many businesses and their employees. But at the same time there are significant expansions happening as many companies position themselves for the recovery. Look at the expansion of Lansdowne Place, Peterborough Volkswagen, and Flying Colours at the airport - a brand new hanger with ...
Posted by Muriel Dunford
on March 10, 2009
Home Renovation Tax Credit
EDGE NEWS MARCH 2009
The proposed Home Renovation Tax Credit (HRTC) will provide a temporary 15 per cent income tax credit on eligible home renovation expenditures for work performed, or goods acquired, after January 27, 2009 and before February 1, 2010. The credit may be claimed for the 2009 taxation year on the portion of eligible expenditures exceeding $1,000, but ...
Posted by Muriel Dunford
on March 9, 2009
BUYERS GET A TAX CREDIT
EDGE NEWS MARCH 2009
For 2009 and subsequent years, the budget also introduced a new non-refundable tax credit to help first-time home buyers with some of their closing costs. This Home Buyer Tax Credit (HBTC) will provide up to $750 in tax relief on the purchase of a first home. The HBTC is calculated by multiplying the lowest personal income tax rate for the year ...
Posted by Muriel Dunford
on March 9, 2009
Optimism returning to housing market, RBC survey finds
VIRGINIA GALT
Globe and Mail Update
March 4, 2009 at 9:39 AM EST
Confidence appears to be seeping back into the housing market, with a majority of Canadians saying it's a good time to buy, according to the Royal Bank of Canada's annual homeownership survey.
Although this optimism is not reflected in the most recent sales statistics - ...
Posted by Muriel Dunford
on March 5, 2009
Program
Homeowners may be eligible for a tax credit, when filing their 2009 tax return, of up to 15 per cent of eligible home renovation expenditures exceeding $1,000, but not more than $10,000.
Details
The Home Renovation Tax Credit (HRTC) applies to eligible home renovation expenditures for work performed, or goods acquired, after January 27, 2009 and before February 1, 2010, pursuant ...
Posted by Constantine Isslamow
on March 4, 2009