Winnipeg – Expect the lines at your local hardware store to stretch a little longer
this year as Manitobans stock up on building materials in order to claim the
federal government’s new home renovation tax credit.

A Jory Capital-Probe Research poll provided to the Winnipeg Free Press finds
that almost one-half of Manitoba households (51%) plan to take advantage of
the new Home Renovation Tax Credit this coming year. When asked whether
they plan to access this tax incentive, three in ten Manitobans (29%) said they
were very likely to renovate their homes, with another one in five citizens saying
they were somewhat likely (22%) to take advantage of the federal tax credit.
Three percent of citizens, meanwhile, said they have already completed home
repairs and applied or received this subsidy.

On the other hand, nearly four in ten adults (37%) said they would not be
induced by this tax credit to conduct renovations, with 26 percent stating they
were very unlikely and 11 percent noting they were somewhat unlikely to
perform this work. Fewer than one in ten adults (7%) said they are not eligible for
the tax credit because they are unable to do home repairs where they live, while
the remaining two percent of respondents were uncertain as to whether they
would conduct renovations to their homes and apply for this credit.

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Labels: home renovation tax credit, Jory Capital, Probe Research