Tuesday, May 12, 2009

PSA: Canadian Tire + Home Renovation Tax Credit = SAVINGS!!

Big news for the Do-It-Yourself’r and Proud Homeowner:

Canadian Tire tops up federal Home Renovation Tax Credit with the introduction of its 'Small Jobs Big Returns' program which allows customers to save money on hundreds of eligible home improvement activities – i.e. landscaping, painting, electrical or plumbing, etc.

  • Here are some examples of eligible and ineligible expenditures (source: Canada Revenue Agency website www.cra-arc.gc.ca ).

Details and Dates:

From May 9th to June 5th, 2009, customers who buy eligible home improvement products can receive $25, $75 or $150 back in Canadian Tire Gift Cards.

  • Here is an example of potential savings under Canadian Tire's 'Small Jobs Big Returns' Savings Program:


The Pitch:

“Canadian Tire's savings program is a top-up to the federal government's home renovation tax credit and the weekly savings we're already offering customers through our flyer. The added bonus is that both smaller and larger purchases are eligible in our program and customers won't have to wait until tax time next year to reap the rewards," says Duncan Reith (Canadian Tire Retail).

For more information on the federal Home Renovation Tax Credit, you can visit the CRA website here!

Or, feel free to shoot me a line if you have any questions on the above tables.
xx

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