The Home renovation Tax credit means you can qualify for $ 1,350.00 on renovations if they are completed by next February.

The credit will only be available for the 2009 tax year and applies to eligible expenditures of more than $1,000, but not more than $10,000, resulting in a maximum credit of $1,350 ($9,000 x 15%).

Here is the link to assist you further http://www.cra-arc.gc.ca/gncy/bdgt/2009/fqhmrnvtn-eng.html

Information from Government of Canada web site deemed accurate but not guaranteed.