In a few weeks, the federal government is set to end a program that encourages homeowners to upgrade their properties for energy efficiency, including enhancements like better insulation, window replacements, and heat pump installations.
Homeowners participating in the program were recently informed via email that the Canada Greener Homes Loan will no longer accept applications after October 1, 2025. Those applying close to the deadline may not secure the loan due to dwindling program funds.
The program, launched in May 2021, has provided interest-free loans ranging from $5,000 to $40,000, requiring both pre- and post-retrofit evaluations. Efficiency Canada’s Brendan Haley expressed concerns about the sudden termination of the program, emphasizing its negative impact on businesses, skilled trades jobs, and consumer trust.
Haley noted the Canada Greener Homes Loan’s role in reducing greenhouse gas emissions, addressing affordability issues, and fostering job creation. Eligible upgrades under the program included insulation for attics, walls, and basements.
Last year, the government ceased applications for the Canada Greener Homes Grant, which offered up to $5,000 for energy efficiency upgrades. With the loan program now facing closure, Haley highlighted the lack of alternative solutions for middle-income Canadians seeking financial assistance to reduce energy costs and emissions.
According to a Canada Mortgage and Housing Corporation spokesperson, over 120,000 loans totaling $2.9 billion have been committed to date. While the federal government plans to maintain the Canada Greener Affordable Housing program and the Oil to Heat Pump Affordability program, a replacement for the grant program has been introduced, initially available in Manitoba and primarily targeting low-income households.
During the recent federal election, the Liberal platform outlined commitments to facilitate retrofit programs, aiming to support low- and middle-income households, including renters, in adopting energy-efficient upgrades. The platform also highlighted initiatives to engage major polluters in assisting consumers to reduce their carbon footprint.
Efforts to reach Minister of Housing and Infrastructure Gregor Robertson’s spokesperson for comment were unsuccessful.
