Ottawa to provide $2B in rebates for homeowners who install heat pumps
The program targets 1 million homes and offers rebates of up to $10,000 for lower-income households, officials said.
- On Thursday, October 8, 2026, Prime Minister Mark Carney announced a new $2 billion federal rebate program in Sherbrooke, Que., to help Canadian homeowners install heat pumps starting early next year.
- The government aims to retrofit 1 million homes over eight years, with Carney stating the initiative is "lowering costs, reducing emissions and building a stronger and more sustainable economy for all."
- Households below the median income level can receive up to $10,000 for purchases, while other homeowners qualify for $2,000; the program expects to save participants an average of $1,400 annually on heating bills.
- Ottawa will work with the CMHC to provide low-interest financing for apartment building owners to retrofit more than 280,000 homes, prioritizing Canadians needing emergency heating system replacements.
- This initiative replaces an existing program that subsidized heat pump purchases for homes heated with oil, as the federal government winds down previous support measures to transition toward the new model.
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Prime Minister Mark Carney announces a new program for the purchase of heat pumps at a time when a new report by the Climate Institute of Canada is seeing an increase in greenhouse gases in the construction and power generation sectors, and the government hopes to reduce emissions by 25 megatonnes over 20 years, equivalent to the annual emissions of 8.4 million cars.
Ottawa to provide $2B in rebates for homeowners who install heat pumps
The federal government is launching a $2-billion rebate program that it says will help homeowners in Canada lower their annual heating costs while reducing emissions when they install heat pumps in their homes.
In the market for a new heating system? Federal government unveils $2B heat pump rebate program
Prime Minister Mark Carney announced Thursday that his government is investing $2 billion into a new national heat pump rebate program, with the goal of incentivising Canadians to retrofit more energy efficient heating options.
Bowen Island Undercurrent
Prime Minister Mark Carney promises heat pump rebate program
SHERBROOKE — Prime Minister Mark Carney says Ottawa will launch a new heat pump rebate program early next year, but program details haven't been finalized. Carney is making the announcement in Sherbrooke, Que., today.
St Catharines Standard
The RecordMark Carney unveils new rebate program for home heat pumps
Canadians will be able to get rebates up to $10,000 for installing heat pumps stating early next year, with the government aiming to get the low emission heating technology in up to 820,000 homes.
Response: New major heat pump initiative connects households to Canada’s electricity ambitions
TORONTO — Rachel Doran, executive director at Clean Energy Canada, made the following statement in response today’s announcement of the National Heat Pump Rebate Program: “The federal government’s newly launched $2 billion National Heat Pump Rebate Program is a huge step forward to help as many as 820,000 Canadian households benefit from the efficiency and […]
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