Make the most of the new temporary tax credit of the Government of Quebec by including your ventilation work to your list!
Logi-Rénov Tax Credit for Home Renovation
A temporary refundable tax credit for eco-friendly home renovation has been introduced to encourage individuals, be they owners or co-owners of a dwelling, to renovate their principal residence, expand it, adapt it to the special needs of a family member or convert it into an intergenerational home.
The renovation work must have been done by a qualified contractor under a contract entered into after April 24, 2014, and before July 1, 2015. The initial construction of the dwelling must have been completed before January 1, 2014, and the dwelling must be one of the following: a single-family home; a pre-fabricated house or mobile home permanently secured in place; an apartment in a building held in divided co-ownership (condominium); a dwelling in a residential duplex or triplex.
The amount of the tax credit corresponds to 20% of the portion of an individual's eligible expenses that exceeds $3,000, up to a maximum tax credit of $2,500 per eligible dwelling.
No structures adjoining or accessory to the dwelling, other than an adjoining garage or carport, will be considered part of an individual's eligible dwelling. For example, steps, patios, balconies, sheds, gazebos, outdoor hot tubs and outdoor swimming pools are not considered part of an eligible dwelling.
In the case of an apartment in a building held in dividedco-ownership (condominium), only the private portion (that is, the portion that an individual owns exclusively) will be considered an eligible dwelling. Common portions are therefore excluded, regardless of whether they are for restricted use or not. For example, the foundations and main walls of buildings, common equipment and apparatus (such as the central heating and air-conditioning systems and the piping and wiring) are not considered part of an eligible dwelling.
The installation of a new ventilation system is part of the work qualifying for the tax credit:
Ventilation System - Installation of an ENERGY STAR qualified heat recovery ventilator or energy-recovery ventilator certified by the Home Ventilating Institute (HVI) and listed in Section 3 of their product directory (Certified Home Ventilating Products Directory). In addition, where installation makes it possible to replace an older ventilator, the new appliance must be more efficient than the older one.
Here is the listof oureligible air exchangers for this tax credit :
- S10 ERVPLUS
- EVO5 500 HRV
- EVO5 700 HRV HEPA
- E10 HRV
- E15 HRV
- E15 ECM HRV
- E15 ECM ERV
- CONSTRUCTO 1.2 ERV
- NOVOFIT 1.5 ES HRV
- NOVOFIT 2.0 ES HRV
- K8 HRV
- K10 HRV
- CONSTRUCTO 1.0 HRV
- CONSTRUCTO 1.0 ERV
- CONSTRUCTO 1.5 ES HRV
- CONSTRUCTO 2.0 ES HRV
- SOLO 1.5 ES HRV
- SOLO 2.0 ES HRV
- PRO 225
- PRO 250
- C12 ERV
- C12 HRV
To see the list of renovation work qualifying and to learn more about this Tax Credit, please visit the RénoVert tax credit page of the website of Revenu Québec.
To view the newsletter of the Ministère des finances du Québec and get more information about this tax credit, click here (French only)
To reach Revenu Québec, click here
Think about it now to receive your tax credit for spring 2014!