April 15, 2009
Robert Adams
LO President

tom intven By now most of you know about the excellent financial opportunity that has been placed before us. It’s a federal tax credit that has finally included our industry. This has never happened in Canadian history.

Although legislation is not yet officially in place, the federal budget has included a ways and means bill granting authority to proceed. If we wait until it becomes official, it will be too late for our industry. We must proceed now. It is not up to us to analyse how the government conducts its business. The government of the day has announced the tax credit, therefore at this point there is a tax credit. How they proceed from here is up to the people on Parliament Hill.

Our association and the CNLA have worked to create easy-to-understand pieces of information on the Home Renovation Tax Credit. LO’s great looking brochure came out just in time for Canada Blooms. It received lots of positive reaction from the public.

The tax credit is a much needed boost for the landscape industry. I, for one, do not want to look a gift horse in the mouth. It is expected most of our members will market this opportunity. With spring on our doorstep and everyone anxious to get busy, the timing is right now. So let’s dust off those shovels, do some stretching and prepare to get busy.

Numerous studies have shown that an attractive landscape increases the value of a home by an average of 7.5 per cent. Those same studies have also revealed that landscape investments are recovered fully, and sometimes doubled, by the increased home value. When marketing our services this year, we can show that this is the time to take advantage of the 15 per cent tax credit, while at the same time adding more value to our homes during a down market.

It may seem kind of silly to be saying this, but this is a time of great business opportunities. It’s a time to build on maintaining and increasing our markets. Between the tax credit, society looking at ‘staycations’ and improving our environment, our industry has many opportunities to improve business.

 With positive attitudes, positive mental pictures and positive thinking, you will only create positive outcomes.
 
If you have a suggestion or concern, contact me at robertadams@landscapeontario.com. I encourage you to become involved in LO. It is your association.