$7,500 Home Renovation Tax Credit In Canada – Seniors, Caregivers & Disabled Adults Can Save Big

$7,500 Home Renovation Tax Credit In Canada – Seniors, Caregivers & Disabled Adults Can Save Big

Canadian seniors, caregivers, and adults with disabilities now have a powerful new way to boost financial resilience while improving living conditions. The Multigenerational Home Renovation Tax Credit (MHRTC) offers a refundable tax credit worth 15% of renovation costs, up to a maximum of $7,500 per eligible person. Whether you’re building a safe secondary suite or … Read more

Canada Confirms $500 Climate Action Rebate— Eligibility Rules And Payment Schedule Released

Canada Confirms $500 Climate Action Rebate — Eligibility Rules And Payment Schedule Released

A powerful cost-of-living boost is on the way for households across several provinces. The Canada Revenue Agency (CRA) will deliver the $500 Climate Action Incentive Rebate (CAIP) this October 2025, marking the third quarterly installment in a year designed to ease rising fuel and heating costs. This tax-free rebate—automatically processed when you file your taxes—is … Read more