Tax Credit for Eco-Friendly Home Renovation
A temporary refundable tax credit for eco-friendly home renovation has been introduced.
The tax credit is intended for individuals who have a qualified contractor carry out eco-friendly renovation work on their principal place of residence or cottage under a contract entered into after October 7, 2013, and before November 1, 2014.
The amount of the tax credit corresponds to 20% of the portion of an individual’s eligible expenses that exceeds $2,500, up to a maximum tax credit of $10,000 per eligible dwelling.
To qualify for the tax credit, the work must have a positive environmental impact or improve the dwelling’s energy efficiency, and the materials and appliances involved must meet recognized environmental and energy standards.
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HARPER GOVERNMENT TAKES FURTHER ACTION TO STRENGTHEN CANADA’S HOUSING MARKET
As part of the Government’s continuous efforts to strengthen Canada’s housing finance system, the Honourable Jim Flaherty, Minister of Finance, today announced further adjustments to the rules for government-backed insured mortgages.
“Our Government stands behind the efforts of hard-working Canadian families to save by investing in their homes and their future,” said Minister Flaherty. “The adjustments we are making today will help them realize their goals, build on the previous measures we have introduced to keep the housing market strong, and help to ensure households do not become overextended. As just one example, the reductions to the maximum amortization period since 2008 would save a typical Canadian family with a $350,000 mortgage about $150,000 in borrowing costs over the life of that mortgage.”
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QR CODES – NEW MARKETING TOOL IN REAL ESTATE
I am happy to announce you that all my new inscriptions will have a pancarte with a QR Code, which will give an easy access to the potential buyers to obtain instant information about the price, the number of rooms, the dimensions, description and many other details for the property for sale.
WHAT IS QR CODE?
A QR code (short for Quick Response) is a specific matrix barcode (or two-dimensional code), readable by dedicated QR barcode readers and camera phones. The code consists of black modules arranged in a square pattern on a white background. The information encoded can be text, URL or other data.
Users with a camera phone equipped with the correct reader application can scan the image of the QR code to display text, contact information, connect to a wireless network, or open a web page in the phone’s browser. This act of linking from physical world objects is termed hardlinking or object hyperlinking.