October 17, 2025
Industry groups say sudden end to Canada Greener Homes loans causing ‘shock waves’
Some New Brunswick homeowners will be left with higher energy bills this winter after the federal government stopped accepting applications for a program geared to promote energy efficiency upgrades.
The Canada Greener Homes Initiative loan program offered interest-free loans of up to $40,000 to Canadian homeowners to make improvements like sealing and insulating their homes, replacing doors and windows, and installing heat pumps and solar panels.
But the sudden end of the loan program on Oct. 1 has led some to change their plans.
“I think the shock waves are going to be felt pretty far and wide,” said Phil McKay of the Canadian Renewable Energy Association. Read more here.