Multigenerational Home Renovation Tax Credit
$7,500 Canada Home Renovation Credit in April 2025: How to Claim it? Check Eligibility
Anthony Lane
The $7,500 Canada Home Renovation Credit (MHRTC) is a refundable tax credit introduced in 2023 and available in April 2025, helping families create secondary suites for seniors or adults with disabilities. This guide explains how to qualify, what renovations are covered, and how to claim up to 15% of $50,000 in eligible expenses. Ideal for multigenerational households, this credit offers financial relief and supports accessible living.
