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Investors and rental owners
The answer is No.
- As per CRA, renovations that make homes safer or more accessible for seniors or the disabled may qualify for the Home Accessibility Expenses.
- However, you could be qualified for the Taxpayer relief provisions under the Extraordinary Circumstances section.
Note: You can be granted relief from penalties or interest when you were prevented from otherwise meeting his tax obligations by extraordinary circumstances, actions of the CRA, or financial hardship.
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‎December 15, 2021
6:30 PM