Support for greener homes loan and grants programmes under 2030 Emissions Reduction Plan
Under the 2030 Emissions reduction plan, additional provisions will be provided for the Greener Homes Loan Program. CAD 458.5 million is made available to help Canadians reduce emissions through renovations for heating and cooling systems. The Canada Greener Homes Loan provides interest-free financing up to $40,000 for homeowners to undertake energy-efficient upgrades recommended by an energy advisor. Other programs under the banner of the Canada Greener Homes Initiative were also mentioned, such as Canada Greener Homes Grant which has closed intake to new applications and will be ending by fiscal-end.
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