Canada’s $7500 Home Renovation Tax Credit For Every Family, Check How Canadians Are Claiming the Multigenerational Tax Credit in 2025
As housing needs evolve and more Canadians welcome aging parents or disabled adult children into their homes, the federal government is offering generous support through the Multigenerational Home Renovation Tax Credit (MHRTC). This refundable tax credit, launched in 2023, allows families to receive up to $7,500 back when creating a secondary living space for a … Read more