Advertisement

Ottawa announces $250 million grant to help homeowners switch to heat pumps

Click to play video: 'Global News Morning Halifax: November 21'
Global News Morning Halifax: November 21
Global News Morning Halifax: November 21 – Nov 21, 2022

The federal government has announced a $250-million grant program to help Canadians stop heating their homes with oil and switch to electric heat pumps.

Immigration Minister Sean Fraser told reporters in Stellarton, N.S., today that the Oil to Heat Pump Affordability Grant will provide up to $5,000 for low- and middle-income homeowners.

Fraser says the money will cover costs such as the installation of heat pumps, the electrical upgrades required for the new equipment and the removal of oil tanks.

The minister says eligible homeowners will be able to combine the new grant with existing federal and provincial programs that assist with home heating.

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

Get breaking National news

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

Fraser says the grant will be made available early in the new year.

Story continues below advertisement

He says the money announced today is in addition to an envelope of $250 million in federal funding over four years that was announced in September to assist people with home heating costs.

This report by The Canadian Press was first published Nov. 21, 2022.

Sponsored content

AdChoices