Moe promises increased first home tax credit, return of home renovation credit

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Moe promises increased first home tax credit, return of home renovation credit
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REGINA — Saskatchewan Party Leader Scott Moe says if re-elected his party would increase and reintroduce a pair of tax credits designed to help current and prospective homeowners.

“The cost of buying your first home or renovating your home has gone up, so we want to make home ownership and home renovations more affordable,” Moe said in a news release Friday.

He said the Saskatchewan Party would also reintroduce the Home Renovation Tax Credit, which was a temporary program the government piloted between 2020 and 2022. The party says the Home Renovation Tax Credit would allow homeowners to save up to $420 per year, while seniors could save up to $525 per year.

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