Federal Tax Credit for Multi-Generational Home Renovations Now Available to Canadians

A customer loads lumber into the back of a pickup truck in Maple Ridge, B.C., on June 12, 2020. The Canadian Press/Darryl Dyck

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.

The multi-generational home renovation tax credit 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.