Home Renovation Tax Credit Proposal
Advocacy Letter – October 13, 2026
Date: October 13, 2026
Re: The Implementation of a Home Renovation Tax Credit
To whom this may concern,
Supply-Build Canada is an association that represents Canada’s building materials industry. The building materials industry is an essential partner in British Columbia’s construction and homebuilding sectors. Our members manufacture, distribute, and sell building materials, many of which are made in your province. A strong and competitive building materials sector is critical to delivering the housing British Columbians need.
Supply-Build Canada and the Government of British Columbia share a common objective: increasing housing supply while improving housing affordability. New housing construction must remain a priority, but protecting and improving existing homes is also an important part of the solution.
One practical policy that could advance both objectives is the introduction of a permanent Home Renovation Tax Credit (HRTC) for home renovations, similar to the HRTCs implemented by the Government of Saskatchewan in 2025[1] and by the Federal Government in 2009.[2]
Objective of HRTC
Supply-Build Canada believes that a permanent HRTC is a practical, cost-effective measure that would benefit British Columbians and support energy efficiency and housing affordability. By helping homeowners repair and upgrade their homes the tax credit would encourage home repairs and upgrades, make existing housing more energy efficient, and lower household energy costs. It would also support British Columbia’s economy, and the jobs of thousands of British Columbians who make, sell, and install building materials. For example, the Government of Canada’s 2009 HRTC helped reduce negative impacts from the 2008 global recession by incentivizing consumer spending.[3]
The Proposed HRTC
The proposed HRTC would complement British Columbia’s existing eco-retrofit rebate programs, and would allow homeowners to apply for a tax credit on labour and professional services, building materials, fixtures, equipment rentals, and permits. For example, the successfully implemented HRTC in Saskatchewan allows homeowners to claim 10.5% provincial tax credit on eligible renovation expenses above $1,000, up to a maximum of $4,000 in eligible expenses, for a potential annual tax benefit of up to $420.[4]
Giving the high cost of living in British Columbia, Supply-Build Canada respectfully urges your party to commit to a HRTC with a $10,000 cap on eligible expenses in its platform for the upcoming provincial election.
The opportunity to meet with you and your team to discuss this proposal and its potential benefits for British Columbians would be greatly appreciated. We look forward to your response.
Thank you for your consideration.
Sincerely,
Liz Kovach
President
Supply-Build Canada
About the building materials industry: The building materials industry contribute $53.1 billion to Canada’s GDP making us Canada’s 3rd largest GDP contributor which supports 561,585 jobs, and adds $4.4 billion in government tax revenue. In British Columbia, our industry contributes approximately $9.3 billion to the provincial economy and supports more than 96,000 jobs.[5]
Footnotes:
1 Government of Saskatchewan, “Home Renovation Tax Credit,” 2025, https://www.saskatchewan.ca/residents/taxes-and-investments/tax-credits/home-renovation-tax-credit
2 Government of Canada, “Canada’s Economic Action Plan: The Home Renovation Tax Credit,” Budget 2009, https://www.budget.canada.ca/2009/pamphlet-depliant/pamphlet-depliant3-eng.html.
3 Jupia Consultants Inc., “Incentivizing home renovations: Boosting GDP and employment post-Covid-19: The case for a federal government home renovation tax credit program,” July 2020.
4 Government of Saskatchewan, “Home Renovation Tax Credit,” 2025, https://www.saskatchewan.ca/residents/taxes-and-investments/tax-credits/home-renovation-tax-credit
5 Numbers derived from Statistics Canada, Table: 36-10-0480-01.