Canada Greener Homes Initiative
Quebec homeowners must go through the Rénoclimat program. This program allows you to increase your financial assistance by accessing two levels of grants for your energy-efficient renovations. The initiative consists of two things: the loan and the grant.
Canada Greener Homes Loan
To encourage Canadians to make their homes more energy efficient, the Canada Green Home Loan provides interest-free financial assistance. This assistance is complemented by the Canada Green Housing Grant, and allows for the most significant renovations recommended by an energy advisor. This allows homeowners to improve the energy performance of their homes while reducing their environmental footprint.
Maximum: $40,000
Minimum: $5,000
Terms of repayment: 10 years, interest free
Type of loan: Unsecured personal loan, upon credit approval
The maximum eligible loan amount is determined based on the renovations selected in your application, as well as the estimates for those renovations. The eligible amount is capped in accordance with industry and market standards. The maximum loan amount may be less than the estimated cost of the work, in which case you will be responsible for financing the difference.
Only one loan may be granted per eligible property and per owner-occupant.
Il est important de noter que ce prêt ne peut financer que les produits et les installations recommandés par un conseiller en efficacité énergétique, et qui sont admissibles à la subvention. Ainsi, vous pouvez être sûr que les rénovations financées par le prêt contribueront à améliorer l’efficacité énergétique de votre habitation tout en étant éligibles à la subvention.
Canada Greener Homes Grant
The scientific consensus is clear on the origin of climate change, the effects of which on human life are already visible. In response to this challenge, the Canadian government has developed the Canada Green Housing Grant program, pledging an investment of nearly $2.6 billion over the next seven years.
The Canadian grant is designed to encourage households to undertake energy-efficient renovations and upgrades to their homes such as:
- Replace an oil furnace with a high efficiency one or a heat pump;
- Replace air-permeable doors and windows;
- Improve insulation in walls, basement or roof;
- Install a high efficiency water heater;
- Installing solar panels.
In concrete terms, it gives you access to :
- Financial assistance of up to $5,000 for green renovations;
- An EnerGuide evaluation;
- And expert advice on planning your renovations.
| Type of upgrade | Upgrade details | Estimated rebate |
|---|---|---|
Heating | Switch to energy-efficient heating equipment and make savings on utility bills while also reducing carbon footprint. | up to $5,000 |
Home insulation | Update your walls, floors, and/or ceilings insulation to regulate the temperature inside the house and reduce heat loss. | up to $5,000 |
Windows and doors | Replace your home’s windows or glass doors with ENERGY STAR® certified models. Those models respects the best and higher energy efficiency standards. | up to $5,000 |
Renewable energy | Install photovoltaic panels. Solar power is energy from sunlight, collected and converted directly into electricity by photovoltaic solar panels. Please consult gov. official websites to learn more about this technology. | up to $5,000 |
Resiliency measures | Enhance your home ability to withstand environmental stressors, such as natural disasters or climate change. *(Must be combined with another retrofit) | up to $2,625 |
Air-sealing | Seal gaps, cracks, your home building envelope, doors, windows, vents, ducts, and other penetrations to reduce air leakage. This will improve your home energy efficiency and enhance indoor air quality. | up tp $1,000 |
Thermostats | Enhance your comfort level and reduce energy expenses, incorporating a smart thermostat. | up to $50 |
Who is eligible?
The Canadian grant can be awarded to any homeowner or co-owner of a home located in Canada; only one homeowner per home can apply.
In Quebec, homeowners must register for the Rénoclimat program, in addition to meeting the following conditions
- The property must be your principal residence and eligible for an EnerGuide evaluation;
- The property must be one of the following types: single-family home, single-family semi-detached home, townhouse, four-season cottage, mobile home on a permanent foundation or be part of a multi-unit building that is less than 3 storeys high and less than 6400 square feet;
- Renovation materials must be purchased in Canada;
- The primary residence must be at least six months old from the date of first occupancy.
THE BENEFITS
Comfort
Making life more affordable for Canadians by improving quality.
Environment
Contribute to the collective fight against global warming.
Savings
Reduction of the energy bill and creation of new jobs.
