NEWFOUNDLAND & LABRADOR RESIDENTIAL CONSTRUCTION REBATE

You’ve probably heard about the new residential construction rebate program being offered by the government of Newfoundland & Labrador. We’re an eligible contractor and we’d love to help you take advantage of this program to make improvements to your home.

Below are the general details of the program. If you have more questions, please follow this link for a Frequently Asked Questions document created by the Home Builders Association of Newfoundland & Labrador.

https://chbanl.ca/app/uploads/Frequently-Asked-Questions-3.pdf

Renovation Projects
25% rebate on home renovation projects, up to a maximum rebate of $10,000, for principal residences, for eligible home renovation projects. Total project costs must exceed $1,000 (before HST).

New Home Construction
A rebate of $10,000 is available for new home construction on homes valued up to $350,000 before HST.

The rebate will apply to work on a primary residence contracted within a 60-day period from the start of COVID-19 Alert Level 3, and the project must be substantially complete by March 31, 2021.

To qualify, homeowners must use an eligible contractor, which includes those who have general liability insurance and are registered (i.e., HST registered, valid Business Number or Workers Compensation registered).

This $30 million program funding will come from the COVID-19 contingency fund approved through the House of Assembly on March 26, 2020.