Did you know Canada.. I wanted to look at another Canadian invention today – the IMAX!! Canadians Graeme Ferguson, Roman Kroitor, Robert Kerr, and William C. Shaw developed the IMAX system in 1968. IMAX is a motion picture film format and a set of proprietary cinema projection standards, IMAX increases the resolution of the image by using a much larger film frame. IMAX theatre construction also differs significantly from conventional theatres. The increased resolution allows the audience to be much closer to the screen. You’ve probably been to a few different style of IMAX screens. ‘Avatar: An IMAX 3D Experience’ is the all-time highest grossing IMAX release; the worldwide IMAX box office total for the film climbed to more than $220 million since the movie’s launch in December 2009. Very exciting and a great Canadian invention Read more →
Did you know Canada.. sadly, tax time is pretty much upon us and it’s time to be watching the mail for T4’s, digging out receipts, chasing after the ones that don’t show up and looking into tax credits.
I wanted to remind folks about one tax credit that you may not know about – the Healthy Homes Renovation Tax Credit is a permanent, refundable personal income tax credit for seniors and family members who live with them. If you qualify, you can claim up to $10,000 worth of eligible home improvements on your tax return. The amount of money you get back for these expenses is calculated as 15 per cent of the eligible expenses you claim. For example, if you spend and then claim $10,000 worth of eligible expenses, you could get $1,500 back.
The Healthy Homes Renovation Tax Credit can help with the costs of improving safety and accessibility in your home. What’s nice is your income doesn’t matter — seniors and their family members at all income levels are eligible!
Here’s some great examples of renovations that qualify..
- * Non-slip flooring in the bathroom
- * Installing a hand-held shower
- * Door locks that are easy to operate
If not for 2012 taxes, it’s something to think about for 2013. Making homes safe and accessible for seniors leads to peace of mind. Visit home renovation stores like rona.ca for products, tools and accessories to make a healthy home for seniors in your life.