Borzykowski: Keep the home renovation tax credit in place

The HRTC has kept contractors in business and Canadians happy, but the good times are about to end.

28

by

Online only.

28

borzykowski_322x250
It’s a sad month for Canadians who want to renovate their homes. The home renovation tax credit expires at the end of the month and Jim Flaherty has said he won’t renew it.

According to the finance minister, the credit will cost the government $3 billion in 2009, a big number to be sure, but it’s been been a boon to homeowners and the home renovation sector — the Canada Revenue Agency has said at least 3.5 million people have had questions about the program.

It’s unfortunate that Flaherty won’t keep the program running. To have people renovating their homes during the worst financial crisis in decades, and keeping money pumping into the economy, is something the government should be proud of. Money still isn’t flowing freely, people are still out of work and everyone’s still thinking twice (or they should be) about emptying their wallets on a renovation project. If he doesn’t extend the credit, then I suspect there’s a good chance people will put off that bathroom fix until the economy really does stabilize.

Maybe we’ll get a surprise in the budget, but if the Conservatives are going to be as strict with their spending as they seem to be saying they will be, then those renovations may have to wait until you’ve got some money to burn.

28 comments on “Borzykowski: Keep the home renovation tax credit in place

  1. Very good posting – Cleared several of my queries.

    Reply

  2. glad to be one of several visitants on this awing website : D.

    Reply

  3. Nice post. I was checking continuously this blog and I’m impressed! Very helpful information particularly the last part :) I care for such info much. I was looking for this particular information for a long time. Thank you and best of luck.

    Reply

  4. Pingback: Link Building Services

  5. this has all while using usefull data necessary.

    Reply

  6. Hahah, that was pretty damn funny man. I’m right there with ya. My favorite part is where? the gray haired guy looks at the chick like she’s a dumbass and says..”It got bigger…” like duh, you just said that.

    Reply

  7. hello there and thank you for your info – I have certainly picked up anything new from right here. I did however expertise some technical issues using this site, since I experienced to reload the web site lots of times previous to I could get it to load correctly. I had been wondering if your web host is OK? Not that I’m complaining, but sluggish loading instances times will very frequently affect your placement in google and can damage your high quality score if ads and marketing with Adwords. Well I am adding this RSS to my email and can look out for much more of your respective interesting content. Ensure that you update this again very soon.. Find Web Developers on oDesk

    Reply

  8. It’s really a nice and helpful piece of info. I’m glad that you shared this helpful information with us. Please keep us informed like this. Thanks for sharing.

    Reply

  9. you’re really a good webmaster. The website loading speed is amazing. It seems that you are doing any unique trick. Also, The contents are masterpiece. you’ve done a great job on this topic!

    Reply

  10. I found your blog via Google while searching for the related topic, your blog came up. Thank you for the fantastic blog. Amazingg skills! Continue man, you rock!

    Reply

  11. Pingback: family vacation ideas

  12. I precisely wished to thank you so much once again. I do not know the things I could possibly have worked on without the entire tricks shown by you directly on such area. It had been a very terrifying condition in my position, but being able to view a expert approach you dealt with the issue forced me to weep for happiness. Now i am grateful for the work and expect you recognize what an amazing job you’re accomplishing teaching the others through the use of a blog. More than likely you’ve never met all of us.

    Reply

  13. I am commenting to make you understand of the incredible experience our daughter had reading the blog. She picked up many details, including what it’s like to have an excellent coaching style to let certain people effortlessly completely grasp various tricky subject matter. You truly exceeded our expected results. Many thanks for churning out those priceless, trusted, informative and also fun guidance on your topic to Kate.

    Reply

  14. I actually don’t know just how i found your blog post because i has been searching information about politics, but anyway, i’d a good time reading it, thanks!

    Reply

  15. Dear admin, thanks for providing this blog post. I found it great. Take care,

    Reply

  16. Nice post. I was checking constantly this blog and I’m impressed! Very helpful info particularly the last part :) I care for such information much. I was looking for this certain information for a very long time. Thank you and good luck.

    Reply

  17. I am just uncovering this internet site via the Archos product and I can’t obtain the detailed internet site to arrive to be from the positioning to load. we Just assumed you wants to know!

    Reply

  18. What¡¦s Going down i am new to this, I stumbled upon this I have found It positively helpful and it has helped me out loads. I am hoping to give a contribution & assist other customers like its helped me. Great job. kosova sot

    Reply

  19. Thanks for making this article. It really is excellent. Looking forward to your next article.

    Reply

  20. Appreciation for another great article. I’ve got a powerpoint presentation next week, and I’m on the look for this sort of tips.

    Reply

  21. I am not sure where you’re getting your information, but good topic. I needs to spend some time learning much more or understanding more. Thanks for magnificent info I was looking for this info for my mission.

    Reply

  22. Pingback: cheap cars

  23. Very good article. I would appreciate if you can give some throwaway suggestion on the latest tax regime.

    Reply

Leave a comment

Your email address will not be published. Required fields are marked *