In a few weeks, the federal government will close a program that encourages homeowners to retrofit their properties through energy efficiency upgrades, such as improved insulation, window replacement and purchasing a heat pump.
Homeowners involved with the program received an email on Wednesday from the federal government notifying them the Canada Greener Homes Loan would no longer receive applications after Oct. 1, 2025.
For those who apply before the deadline, they might not receive the loan since funding for the program is running out.
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In the message sent to homeowners, the program is described as "successful" and the "funding will soon be fully allocated."
Since launching in May 2021, the program has offered interest-free