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Carney Announces $2B Heat-Pump Rebate for 1 Million Homes

By Drooid · Oct 8, 2026, 7:57 PM UTC · How we work

Summary

Story summary

Prime Minister Mark Carney announced a federal heat-pump rebate program for early next year.
The government set aside $2 billion over eight years to retrofit one million homes with heat pumps.
Households below the median provincial after-tax income can receive rebates up to $10,000.
Households above the median qualify for rebates up to $2,000.
Officials say participants could save $1,400 annually, totaling over $1 billion each year.

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Story summary

Prime Minister Mark Carney announced a federal heat-pump rebate program for early next year.
The government set aside $2 billion over eight years to retrofit one million homes with heat pumps.
Households below the median provincial after-tax income can receive rebates up to $10,000.
Households above the median qualify for rebates up to $2,000.
Officials say participants could save $1,400 annually, totaling over $1 billion each year.