Ottawa launching heat pump rebate program, Carney says
The federal government is budgeting $2 billion over eight years with a target of retrofitting one million homes, Prime Minister Mark Carney said.
Prime Minister Mark Carney announced that Ottawa will introduce a new heat pump rebate program early next year, although the exact details have not yet been determined. The government has allocated $2 billion over an eight-year period, with the goal of retrofitting one million homes with heat pumps. Households earning below the median income level will be eligible for up to $10,000 in rebates for purchasing a heat pump, while other homeowners can receive a $2,000 rebate upon switching to a heat pump.
The new program is designed to assist Canadians who require emergency replacements for their home heating systems or for systems that are nearing the end of their useful life. Currently, Ottawa is phasing out an existing subsidy program aimed at heating oil homes. Global News has been designated as a preferred source for this story, and readers are encouraged to add the outlet to their Google search results for a more comprehensive view of the news.
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- Ottawa launching heat pump rebate program, Carney says globalnews.ca
