Programs and incentives
CMHC Eco Plus
Save on your CMHC mortgage loan insurance premium: 25% refunded for an energy-efficient home.
Program status : Program in effect
Save on your CMHC mortgage loan insurance premium.
Buyers whose down payment is less than 20% of the property value must insure their mortgage with CMHC. To encourage the purchase and construction of energy-efficient homes, CMHC offers, through its CMHC Eco Plus product, a partial refund of 25% of this premium.
New construction
The home must be new and never occupied, and hold a recognized energy-efficiency certification, such as Novoclimat, or use at least 20% less energy than a typical new home according to Natural Resources Canada’s EnerGuide Rating System. Novoclimat-certified homes automatically qualify for the 25% refund.
Renovating an existing home
The 25% refund is also available, through the CMHC Eco Improvement product, when you buy or refinance a home (with CMHC mortgage loan insurance) and make energy-efficient improvements. The home must be evaluated by one of our advisors to establish its EnerGuide rating before and after the work (two separate visits).
In Québec, the EnerGuide rating is used in the Rénoclimat program. You can therefore get your rating by taking part in Rénoclimat and, at the same time, receive financial assistance for your energy-efficient improvements. Combining Rénoclimat with CMHC Eco Plus / Eco Improvement can be very worthwhile.
The refund request must be submitted within two years of the mortgage closing.
Thinking of investing in a rental building instead?
CMHC’s MLI Select program gives owners of rental buildings flexibilities on mortgage loan insurance for the construction, purchase or refinancing of multi-unit residential buildings with 5 or more units.
To check your eligibility and find all the information about CMHC Eco Plus, visit the CMHC website.
Other programs and incentives
An energy-efficient home to rate?
We establish the EnerGuide rating required for your CMHC refund.
