Ontario Liberals Accelerate Healthy Home Renovation Tax Credit For
PICKERING, ON, Sept. 29, 2011 /CNW/ - The Healthy Home Renovation Tax
Credit — which provides supports for seniors who want to stay in their
homes — will be accelerated to help create jobs, Premier Dalton
McGuinty said today.
"We understand the impact that the last recession had on Ontario
families, that's why we acted quickly to protect jobs and made
investments to keep our economy strong," McGuinty said. "Today we're
moving forward with the next stage in our plan — we're accelerating the
Healthy Home Renovation Tax Credit to take care of seniors and create
The Premier made his remarks during a roundtable discussion with Ontario
seniors. He announced that the Healthy Home Renovation Tax Credit will
be implemented ahead of schedule — covering renovations that occur as
early as October 1st, 2011.
The credit will generate immediate demand for skilled labour and
manufacturing — creating jobs for local small businesses in the
renovation sector. It follows on the success the federal government's
Home Renovation Tax Credit which helped Canada through the last
recession by pumping billions into the economy and creating jobs.
Moving forward with the Ontario Liberal Healthy Home Renovation Tax
Credit immediately will deliver the same positive results for Ontario.
The credit covers home renovations — such as chair lifts, handrails, and
ramps — that allow seniors who want to continue living independently to
do so safely. It is worth 15 per cent of up to $10,000 in renovations
per year and can be claimed by seniors for their own home or by a
family member who is providing a home for an elderly relative.
"Our seniors have worked tirelessly to build the Ontario we all enjoy
today," McGuinty said. "Now we'll do our part to make sure we are there
for them — helping them remain independent and boosting the economy by
creating jobs — so we can continue to deliver services and supports
they can count on."
Providing strong health care and supports for seniors depends on a
strong economy. Ontario Liberals have kept Ontario on track following
the last recession by creating nearly 300,000 jobs, protecting auto
sector jobs and building a new clean-energy economy. Now the Ontario
Liberal Plan will keep Ontario moving forward.
The Hudak PC's have $14 billion in unfunded giveaways and tax cuts in
their platform that would mean deep cuts to health care and schools.
The Horwath NDP would take Ontario off track by introducing a crushing
$9 billion in job-killing taxes.
"We're the only party with a plan for these perilous economic times,"
McGuinty said. "We'll be there for Ontario seniors and will create new
jobs to help Ontario's economy grow stronger. We're absolutely
committed to keeping what we've already built intact — our strong
schools, hospitals, and services — while moving Ontario forward,
SOURCE Ontario Liberal Party
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