Tax credit
Canadian Property Management
Carbon rebate set for December 2024 payout
A promised carbon rebate will be delivered to small and mid-sized Canadian businesses before year-end, provided they filed their 2023 tax return by July 15, 2024.
Canadian Apartment Magazine
Manitoba restores tax credit, hints new incentive
The 2024 Manitoba budget restores the rental housing construction tax credit and hints at a "time-limited" incentive for commercial-to-residential conversions.
Construction Business
Alberta aims to entice skilled labour from afar
The 2024-25 Alberta budget promises a one-time $5,000 refundable tax credit for workers in designated occupations who relocate to the province this year.
Canadian Apartment Magazine
Tax incentives key to driving housing innovation
As commercial finance conditions tighten, government tax incentives like SR&ED are becoming more important to the multifamily construction sector.
Construction Business
New clean building tax credit for B.C. owners
A new tax credit will make energy retrofits for multi-unit residential and commercial buildings more affordable, saving owners 5 per cent.
Canadian Property Management
Putative budget promises tax credit extension
The Ontario government proposes a one-year extension of a refundable tax credit for building, acquiring or upgrading commercial and industrial buildings in areas outside the province's most flourishing markets.
Canadian Apartment Magazine
Residential renters offered Manitoba tax credit
Manitoba's new Renters Tax Credit is a renamed version of its previously available education property tax credit, which has now also been extended to tenants in subsidized housing.
Canadian Facility Management & Design
Robust green tax credit offered in Newfoundland
The new provincial tax credit is equivalent to 20 per cent of the capital costs of designated clean generation and energy-saving equipment, to a maximum of $1 million annually.
Canadian Apartment Magazine
COVID aggravates Quebec social housing backlog
The 2021-2022 Quebec budget opens up an enhanced refundable tax credit for rental housing tenants aged 70 and older, and promises incremental upward adjustments over the next five years.
Canadian Facility Management & Design
Quebec employers encouraged to take on trainees
Quebec employers will be eligible for an enhanced refundable tax credit if they employ and/or invest in training interns during the next 13 months.