Residential Construction Rebate Program Launched in Newfoundland

The Residential Construction Rebate Program will allow homeowners to save money on construction and renovation projects, while also helping to stimulate the economy and employment in the province’s construction industry.

HPBA Canada has clarified that new installations as well as retrofits of both solid-fuel and gas hearth appliances are eligible for rebate as part of this program.

This program applies to projects contracted between June 8 and August 7, 2020 and started on or after June 8, 2020, with work substantially completed by March 31, 2021.
[content_control]

Renovation Projects

A 25 per cent rebate is available for renovation projects for principal residences, up to a maximum rebate of $10,000 (based on a $40,000 project).

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). 

For further information about this program or questions, please contact:

Canadian Home Builders’ Association NL
48 Welland Street
St. John’s, NL A1E 6C1
T: 709-753-2000
TF: 1-800-265-2800
admin@chbanl.ca
www.chba.ca
[/content_control]

Top Reasons to Install or Upgrade a Fireplace

Top Reasons to Install or Upgrade a Fireplace

When it comes to adding ambiance, there is nothing better than a fireplace. Whether woodburning, gas or electric, a hearth appliance not only increases your home’s value but can lower your monthly heating costs, all while creating a comfortable, happy space for friends and family.

Increased Home Value

According to real estate professionals, one of the most desirable features for homebuyers is a fireplace, and having one could add 6–12% to your listing price. A recently updated fireplace can add value to your home when you’re ready to sell, especially if it’s a high efficiency appliance.

Affordability

It may come as a surprise, but a hearth appliance can provide an efficient space heating option that won’t break the bank. The cost of upgrading a fireplace varies but can be quite an affordable option when considering improvements to your home. It can also help you save money on heating costs by allowing you to heat the spaces where you and your family spend time together.

Aesthetics

No one can dispute the allure of a fireplace and the calming effect it can have, making your home an escape from your hectic life. A simple facelift and upgrade can dramatically update the look and efficiency of your existing fireplace.

Family Time

With the popularity of mobile devices it isn’t surprising our national average screen time is staggering and steadily climbing. The result is less quality time together. Creating a comfortable and calming family room centered around a hearth will mean more quality time with those you love.

If you think it is time to replace your hearth, visit a specialty hearth retailer to see what suits your style and budget, or check out manufacturer and local retailer websites.