Announcing the Green Homes Renovation Tax Credit!

September 25, 2019

Today Andrew Scheer announced a two-year program to encourage homeowners to renovate their homes in ways that lower their power bills and reduce greenhouse gas emissions.

Canadians will be eligible to receive a 20% refundable credit on their income tax for green improvements to their homes of over $1,000 and up to $20,000. This would allow Canadians to save up to $3,800 on their renovations each year.

Eligible renovations would include:

  *   Installation of high-quality insulation
  *   Investments in high-efficiency furnaces
  *   Replacement of doors and windows with more efficient models
  *   Upgrading of ventilation, heating and cooling systems
  *   Installation of solar panels

This measure is one of the 55 policies of our environmental plan, A Real Plan to Protect our Environment, introduced earlier this year. It is a realistic plan that balances Canada’s obligation to fight climate change with the core Conservative promise to put more money in Canadians’ pockets so they can get ahead.