go through Lauren Krugel
Homeowners are able to borrow up to $40,000 in interest for certain renovations that will make their property more energy-efficient, such as upgraded windows and insulation.
The Canadian Housing and Mortgage Company said in a notice on its website Wednesday that homeowners on the last day can submit loan applications, October 1.
“Canadian Green Home Loans have successfully provided homeowners with interest-free repayable loans to provide energy-efficient home upgrades throughout Canada. As a result, funds for the program will soon be fully allocated.”
He said that so far, more than 120,000 loans have been loaned, totaling $2.9 billion.
The Canadian Association of Advisory Energy Consulting wrote to the Federal Secretary of Housing and Natural Resources urging Ottawa to continue its long-term investment in the program.
“The sudden end of the loan puts families in trouble and prevents them from moving forward through the escalation of the program. Many homeowners have booked audits for fall and winter with the aim of applying for a loan and starting a discussion with the contractor.”
To obtain approval from the federal loan, homeowners must complete an energy audit before and after the renovation is performed to measure efficiency improvements. In recent years, the application for green home loans has become an important part of the workload of energy consultants.
Gareau said in an interview that consultants were scrambling to inform the plan was over.
“The energy consultant and its service organizations have to call back the customer and say, ‘Sorry – we’re happy to have the audit, but you won’t be able to apply for a loan.” There are many people trying to do an audit by the October 1 deadline if they can. ” she said.
“I think they’ll get a lot of calls from people saying, “Soon-time – I need my audit tomorrow.” “And, you can only do three reviews a day…it won’t be beautiful.”
The Gareau Group said the grant program for home efficiency renovations ended due to reduced demand for audits, with a total of 600 energy consulting positions exceeding 1,900.
She warned that further “launched and instability” in the industry due to the loss of the loan program, which would not only affect energy consultants.
“Manufacturers, contractors, installers and skilled industries across the entire transformation ecosystem will face similar setbacks,” Gareau wrote.
“Many progress made to strengthen the Canadian home furnishing industry in recent years will be lost – forcing future governments to rebuild their capabilities from scratch, just like past stay plans.
“Without a sustainable career path, Canada has the potential to lose experienced professionals and skilled businessmen to meet its housing and climate goals.”
Many other efficiency programs offered by provinces, regions and municipalities may require future audits from energy consultants, Kalin said.
Natural Resources Canada does not manage green home loans, but it will support other efficiency programs.
Last week, Natural Resources Secretary Tim Hodgson announced the launch of Canada’s Green Housing Affordability Program, which aims to help low- to middle-income households reduce their energy bills and emissions. It will be developed in cooperation with provinces and regions.
Manitoba has reached its first agreement and has secured nearly $30 million in funding.
Gareau said the affordability program was a “positive step” but “limited scope and qualifications”.
Since taking office this spring, Prime Minister Mark Carney has also canceled consumer prices and delayed electric vehicle sales requirements for at least one year.
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Last modified: September 19, 2025
