Home Renovation Tax Credit Fuels Renovation Projects in Canada

Majority of Canadians Opting to Pay for Most of Their Renovations With Cash, not Credit

Wednesday, October 21, 2009

Toronto, ON –Among the two thirds (67%) of homeowners who intend to renovate over the next two years, a majority (61%) will make use of the tax credit, according to a new Ipsos Reid poll conducted on behalf RBC. It appears that the home-renovation tax credit has had its intended effect, with one half (47%) of those utilizing the...

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Home Renovation Tax Credit Fuels Renovation Projects in Canada

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SeanSimpson Sean Simpson
Research Manager
Ipsos Reid
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