Ottawa to provide $2B in rebates for homeowners who install heat pumps

Source: CBC Politics
Date: 2026-10-08 15:57:40.0
Tags: [National, Energy, Environment, Housing, Affordability]

The federal government, led by Prime Minister Mark Carney, is launching a $2-billion rebate program to help an estimated 820,000 homeowners across Canada install new heat pumps or replace existing heating systems over the next eight years. Officials state that the program will save participating homeowners an average of $1,400 annually on heating bills while lowering emissions. Additionally, Ottawa is partnering with the Canada Mortgage and Housing Corporation (CMHC) to offer low-interest financing enabling apartment building owners to retrofit more than 280,000 homes over the same eight-year period.