SAVE UP TO $6350 ON YOUR HOME IMPROVEMENTS!! Home Renovation Tax Credit (HRTC). The proposed HRTC is a non-refundable tax credit for work performed or goods acquired in respect of an eligible dwelling. What is the eligibility period? The credit will be based on eligible expenditures for work performed or goods acquired after January 27, 2009, and before February 1, 2010. Expenditures incurred pursuant to an agreement that was entered into before January 28, 2009, will not be eligible for the credit. How will the credit be calculated? The credit will only be available for the 2009 tax year and applies to eligible expenditures of more than $1,000, but not more than $10,000, resulting in a maximum credit of $1,350 ($9,000 x 15%). For more information contact the Canada Revenue Agency at their website below. http://www.cra-arc.gc.ca/gncy/bdgt/2009/fqhmrnvtn-eng.html Home Improvement Grants For Residential Property Owners. As part of the Government of Canada's Economic Action Plan, the ecoENERGY Retrofit – Homes program has been expanded to help 200 000 more homeowners cover the cost of making energy-efficiency retrofits to their homes. The expanded time-limited program includes a $300-million increase in funding over two years. ecoENERGY Retrofit – Homes provides home and property owners with grants up to $5,000 per unit to offset the cost of making energy efficiency improvements. Small mixed-use buildings are also eligible as long as they meet the size requirements and 50% or more of the floor space is used as permanent residences. For more information contact Natural Resources Canada at their website below. http://oee.nrcan.gc.ca/residential/personal/grants.cfm?attr=4