In the case of residential rental buildings, given that the families living there benefit more from any renovations, the amounts granted should be greater. In addition, the multiplying factor used to calculate the grant in the case of a small building, such as a duplex or triplex, yields the same grant as for a single-family home, even though the rental building houses two or three families.
It is important to note that the lack of renovation incentives for rental property owners is due to provincial laws and restrictions on rent control. Therefore, larger grants are needed to remedy that shortcoming. As everyone knows, the rental housing stock in Quebec is very old. Major renovations are needed.