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2009 is the only year in which we can claim renovation expenses on our Cdn income tax returns.

The deadline to have the work completed is Feb 1, 2010 so if you’re thinking of any of the following, time to make it happen!

  • Renovating a kitchen, bathroom, or basement
  • Windows and doors
  • New flooring – carpet, linoleum, hardwood, floating laminate, etc.
  • New furnace, woodstove, boiler, fireplace, water softener, water heater, or oil tank
  • Permanent home ventilation systems
  • Central air conditioner
  • Permanent reverse osmosis systems
  • Septic systems
  • Wells
  • Electrical wiring in the home (e.g., changing from 100 amp to 200 amp service)
  • Home security system (monthly fees do not qualify)
  • Solar panels and solar panel trackers
  • Painting the interior or exterior of a house
  • Building an addition, garage, deck, garden/storage shed, or fence
  • Re-shingling a roof
  • A new driveway or resurfacing a driveway
  • Exterior shutters and awnings
  • Permanent swimming pools (in ground and above ground)
  • Permanent hot tub and installation costs
  • Pool liners
  • Solar heaters and heat pumps for pools (does not include solar blankets)
  • Landscaping: new sod, perennial shrubs and flowers, trees, large rocks, permanent garden lighting, permanent water fountain, permanent ponds, large permanent garden ornaments
  • Retaining wall
  • Associated costs such as installation, building plans, permits, professional services, equipment rentals, and incidental expenses
  • Fixtures – blinds, shades, shutters, lights, ceiling fans, etc.

I retiled my bathroom.  Wish I had cash to do more …almost makes me wonder if I should hold off on my trip to Italy ….

For the full details, visit CRA.

About the Author


Imagine if Canadians were known for being all over their money. Engaged. Proactive. Getting out of debt. Savvy. Saving. Generous. Nancy wants to help. Nancy started her own journey with money over 15 years ago, and formed her company “Your Money by Design” in 2004 to help others along the same path. It’s not the usual financial advising/investment stuff. It’s about taking control of day-to-day finances –managing monthly cashflow effectively, spending appropriately, getting out of debt, saving. If you're ready to take control over your finances, pop by her business site, YourMoneybyDesign.com

2 Comments

  1. If you can find a contractor to install a swimming pool in YK by February 1, let me know who. 😉 And if you need a good carpenter I can point you to one. 🙂
    .-= Mongoose´s last blog ..The Eentsy Weentsy Dog =-.

    [Reply]

    Jan 14, 2010
  2. Hold off a trip to Italy. Never!

    [Reply]

    Jan 24, 2010

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