AQMAT hails reno credit

MONTRÉAL — AQMAT, the hardware and building materials industry association in Quebec, has welcomed the Quebec government’s announcement of a tax credit to simulate the reno market. The leadership of the organization, which was heavily involved in lobbying the provincial government on this issue, described itself as “happy, but not sated” with the RénoVert program. The program offers a 20% reimbursable tax credit up to $10,000 on expenditures exceeding $2,500 related to home repairs and renovations. The credit is applicable to professional  contracts settled before April 1 of next year. AQMAT however continues to push for a permanent tax credit without a dollar cap. “The residential owner should be able to count always and when needed on the best possible conditions for fixing a problem with their home or adding value to it,” stressed AQMAT chief Richard Darveau.