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Home renovation tax credit" h) ]$ Z$ h9 O! W3 A- ?# v
http://www.budget.gc.ca/2009/plan/bpa5a-eng.html#1
1 V& e, Y4 L" K& IThe proposed budget includes a tax credit for eligible types of home renovations (see link). The tax credit of up to $1,350 will apply to renovations of at least $1,000, but not greater than $10,000./ ]$ c8 p) t" G
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- n- P3 A- |: e- oFirst-time home buyers’ credit
9 z; R' N3 m& z+ b) F/ bhttp://www.budget.gc.ca/2009/plan/bpa5a-eng.html#3& |! w% C5 s, V" e& Y
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Another aspect of the proposed budget relates to purchases of homes by first-time home buyers. First-time home buyers who acquire a qualifying home after January 27, 2009 may be able to claim a new non-refundable tax credit of $5,000 and worth up to $750 ($5,000 x 15%).6 s: G r- b p' g0 C) V% m
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Home buyers’ plan increased! ]0 k' S# U) P% d! r& ^7 X
http://www.cra-arc.gc.ca/tx/ndvd ... p-rap/menu-eng.html
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The Home Buyers’ Plan (HBP) is a program that currently allows you to withdraw up to $20,000 from your registered retirement savings plan (RRSPs) to buy or build a qualifying home. The proposed budget would increase the eligible withdrawal amount to $25,000.
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! r3 v& e N( t5 v9 ^Government to purchase additional mortgage investments7 _# `. }. q1 } N
http://www.fin.gc.ca/n08/08-090-eng.asp! t4 h' G9 r; y3 s
7 u; E9 M+ ?5 w N7 QThe Government of Canada previously announced last November that it would purchase up to $75 billion of insured mortgage backed securities (pools of residential mortgages). The proposed budget now includes provisions to purchase up to $50 billion in additional pooled mortgages.
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What does this mean? The global credit crisis has reduced, restricted or entirely frozen certain forms of lending. Government purchases of CMHC insured mortgage pools helps to ensure that residential mortgage lending will continue to operate smoothly.$ H$ \7 r+ x1 e/ B- m
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Related articles:; V9 ]- |: \$ A- q& _( Z! F7 R) a
3 k4 J* ?6 |, y6 a2 G- HGlobe and Mail - http://business.theglobeandmail. ... Story/Business/home
) {7 f* T, Z; H% m6 U# H' B6 QCBC - http://www.cbc.ca/canada/story/2 ... nalfin.html?ref=rss9 u9 P% g6 F( F7 K: t, U5 j
KPMG - http://www.kpmg.ca/en/services/tax/tnf/tnfc0906.html
, z5 D) N6 T% TEdmonton Sun - http://www.edmontonsun.com/Business/News/2009/01/27/8167746.html: k" E# W: p! c9 m# {+ ?
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7 b( i& s N' x, }Please call me if you have any questions!!! |
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狗仔卡
发表于 2009-1-28 17:06
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
显身卡
发表于 2009-1-28 19:16
It's just the beginning of the winter, the government wants to stimulate customers so the spring can come earlier.
楼主
发表于 2009-1-30 21:34
也向郭森大侠表示由衷的感谢。
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