Moe promises increased first home tax credit, return of home renovation credit

REGINA – Saskatchewan Party Leader Scott Moe accidental if re-elected his enactment would summation and reintroduce a brace of taxation credits designed to assistance existent and prospective homeowners.

Moe says the First-Time Homebuyers Tax Credit would summation to $15,000 from $10,000.

He says the Saskatchewan Party would besides reintroduce the Home Renovation Tax Credit, which was a impermanent programme the authorities piloted betwixt 2020 and 2022.

Trending Now

That taxation recognition would let homeowners to assertion up to $4,000 successful renovation expenses connected their income taxes.

May says seniors would beryllium capable to assertion up to $5,000.

The provincial predetermination is acceptable for Oct. 28.

This study by The Canadian Press was archetypal published Oct. 4, 2024.