LONGUEUIL, Que. — The Quebec building materials association, AQMAT, welcomes Prime Minister Stephen Harper’s pledge to introduce a permanent tax credit for home renovations, while warning against possible adverse effects. According to AQMAT President Richard Darveau, the proposed program would provide incentives for homeowners to hire contractors, but its usefulness is undermined by a cap on the amount eligible. The association has suggested removing the caps while limiting the credits to renovations on a principal residence. The proposed program has attracted further criticism because the Harper government admits it can’t afford to implement the tax credit until mid-way through its next elected period.
Tax credit meets mixed response from dealers
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024