RénoVert Tax Credit - Extended to March 31, 2018
You can claim the credit if you have recognized eco-friendly home renovation work done to a dwelling you own or co-own that is your principal residence or a winterized cottage that you normally occupy.
The initial construction of the dwelling must have been completed before January 1, 2016, and the dwelling must be one of the following::
› a single-family home.
› a permanently installed prefabricated house or mobile home.
› an apartment in a building held in divided co-ownership (condominium).
› a dwelling in a residential duplex or triplex.
› a winterized cottage that you normally occupy.
The renovation work must have been done by a qualified contractor under a contract entered into before March 31, 2018.
The amount of the tax credit you can claim in respect of an eligible dwelling corresponds to 20% of the portion of your eligible expenses paid before Janurary 1st, 2019, that exceeds $2,500, up to a maximum tax credit of $10,000.