Carney Announces $2 Billion to Retrofit One Million Homes, Heat Pump Rebates up to $10,000
In Sherbrooke, Quebec, Canada, Prime Minister Mark Carney announced on October 8 that the federal government will invest $2 billion over eight years to retrofit one million homes as the centrepiece of a new federal home-retrofit push. A new National Heat Pump Rebate will reach up to 820,000 homeowners.
Under the plan, homeowners installing eligible electric heat pumps can claim rebates: households earning below the national median income can receive up to $10,000, and other households up to $2,000. An application portal is planned for early 2027, with installations from November 1, 2026 eligible retroactively.
Beyond single homes, the program will also support retrofits of about 280,000 apartment and multi-unit homes through channels such as Canada Mortgage and Housing Corporation and the Canada Infrastructure Bank, helping renters cut heating costs.
Carney said home retrofits reduce family energy bills while cutting building emissions. Buildings are a major source of emissions in Canada, and the government aims to pair heat pumps and insulation upgrades with a growing electricity grid to bring household energy costs down.
Source: Office of the Prime Minister of Canada
Published by GSM · USA (original Chinese edition)
Photo: 安装在住宅外的现代热泵机组。/ A modern heat pump unit installed outside a home. (Photo: Shixart1985, CC BY 2.0, via Wikimedia Commons)
