2012-10-02 at 16:04
Senior tax credit passes third reading
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QUEEN'S PARK -- Seniors can look forward to a new tax credit to help pay for their home improvement projects.
The Healthy Homes Renovation Tax Credit Act passed third reading in the Ontario Legislature Tuesday.
Seniors who own or rent homes, and people who share a home with a senior relative, will be able to receive a tax credit worth up to $1,500 each year.
The province says the credit will make it more affordable to complete home renovations and installations to help seniors stay in their homes, and prevent falls and injuries.
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(Thunder Bay Television)
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