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Saskatchewan Election: Scott Moe promises tax credit increases for home renovations [Video]

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Canadian National News

Saskatchewan Party Leader Scott Moe says if re-elected, his government would introduce a Saskatchewan Home Renovation Tax Credit aimed at making renovations more affordable.

Friday’s announcement adds to a list of tax incentive programs the Sask. Party is promising to bolster should they be re-elected.

“These are in addition to all the affordability measures that are not only in our most recent budget but are in each of the annual budgets here in the province,” Moe said. “[We’re] enhancing them so they are and continue to be highly successful in the future.”

The party says they would also increase the Saskatchewan First-Time Homebuyers Tax Credit.

To do that, the Sask. Party claims it will make the home renovation tax credit, which was introduced during the pandemic and later removed, permanent, and will allow homeowners to claim a provincial tax credit of up to $4,000 of renovation costs each year.

The …

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