Home Accessibility – The Federal Government of Canada announced in its new budget on April 21st items, to help home accessibility issues. These provisions will provide a new support mechanism for helping individuals with residential accessibility and the ability to age in place.
The government is proposing a new, non-refundable home accessibility tax credit for seniors and persons with disabilities that will provide tax relief of 15 per cent, up to $10,000 of eligible expenditures per calendar year, per individual, to a maximum of $10,000 per dwelling. The credit could be used on costs incurred to renovate or alter a home in order to provide better access to or inside the dwelling. Items could include vertical platform lifts ,wheelchair ramps, stairlifts (or stair chair lifts) as well as exterior porch lifts. The program would also cover home elevators if they are installed due to an accessibility need.