Renovation Tax Credit

BILD Alberta is advocating to introduce a Home Renovation Tax Credit to encourage investment, reduce the cost of home renovations, support climate change by retrofitting homes into energy efficiency, create jobs and support Alberta’s economic recovery. The introduction of a renovation tax credit can be a cost-neutral tax as it encourages growth in the economy and away from the prevalent underground economy in the construction sector.

Next steps will include completing the proposal and submitting a letter to government officials and relevant Ministries to move this item forward.

Click here to read the fact sheet.