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Moe promises increased first home tax credit, return of home renovation credit
REGINA – Saskatchewan Party Leader Scott Moe say if re-elected his party would increase and reintroduce a pair of tax credits designed to help current and prospective homeowners.
Moe says the First-Time Homebuyers Tax Credit would increase to $15,000 from $10,000.
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He says the Saskatchewan Party would also reintroduce the Home Renovation Tax Credit, which was a temporary program the government piloted between 2020 and 2022.
That tax credit would allow homeowners to claim up to $4,000 in renovation expenses on their income taxes.
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May says seniors would be able to claim up to $5,000.
The provincial election is set for Oct. 28.
This report by The Canadian Press was first published Oct. 4, 2024.
© 2024 The Canadian Press
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