Secretary of State Belanger highlights new measures to lower home energy costs and improve energy efficiency

Government of Canada investing $2 billion over eight years to support one million home retrofits across Canada

Government of Canada investing $2 billion over eight years to support one million home retrofits across Canada

October 23, 2026 – Saskatoon, Saskatchewan

The Government of Canada is taking action to help Canadians save on their energy bills and to make homes more comfortable and energy efficient.

Today, in Saskatoon, the Honourable Buckley Belanger, Secretary of State for Rural Development, highlighted the landmark $2 billion investment over eight years announced by Prime Minister Mark Carney on October 8, 2026, to support up to one million home retrofits across the country. This initiative will help reduce energy costs for Canadians, improve home energy efficiency, make homes and buildings more comfortable, and strengthen Canada’s economic competitiveness.

As part of this investment, the Government of Canada will introduce the new National Heat Pump Rebate to help up to 820,000 households switch to more efficient electric heat pumps.

The government is also working with the Canada Mortgage and Housing Corporation and the Canada Infrastructure Bank to help apartment building owners retrofit at least 280,000 units over the next eight years through three complementary measures: