Federal tax credit for multi-generational home renovations now available to Canadians

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Federal tax credit for multi-generational home renovations now available to Canadians
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The federal government is offering a new tax credit to help make it easier for Canadians to care for adult relatives in their own homes.

took effect Jan. 1 for expenses related to building a secondary suite for a family member who is a senior or an adult with a disability.

The secondary suite must be a self-contained housing unit that includes a separate entrance, bathroom, kitchen and sleeping area. Some expenses, such as the purchase of home appliances and costs for housekeeping or other services, do not qualify for the credit.

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