Canadians are calling for action to fight climate change in a way that will build a strong economy, keep life affordable, and ensure clean air for our communities.
Today, the Honourable Sean Fraser, Minister of Immigration, Refugees and Citizenship and Member of Parliament for Central Nova, Nova Scotia, on behalf of the Honourable Steven Guilbeault, Minister of Environment and Climate Change, announced a federal investment of up to $101.7 million from Canada's Low Carbon Economy Fund to reduce energy costs and support climate action, building a strong economy in Nova Scotia.
The funding will be divided into two parts:
- Up to $60.5 million for provincial Home Heating Oil Transition programming to support lower-income homeowners' move from home heating oil to more affordable low-emitting heating technologies, like electric heat pumps. This funding will be made available to qualifying Nova Scotians starting this year.
- Up to $41.2 million for initiatives in Nova Scotia that support Canada's 2030 greenhouse gas emissions reductions target and align with Canada's goal of net-zero emissions by 2050. Nova Scotia can leverage this funding to reduce greenhouse gas emissions in ways that recognize the unique circumstances of the province.
The federal government is working closely with Nova Scotia to finalize an agreement on the delivery of this funding.
This funding is in addition to other Government of Canada efficiency programs, including Natural Resources Canada's Oil to Heat Pump Affordability Program, in which eligible homeowners with low-to-moderate incomes can receive up to $10,000 in federal support when including funding available from the Canada Greener Homes Grant. These two programs, delivered locally through EfficiencyOne, have supported the installation of over 10,000 heat pumps in Atlantic Canada, with 2,342 installed in Nova Scotia.
The Low Carbon Economy Fund has already supported projects in Nova Scotia that include home energy assessments, energy-efficient equipment rebates for homes, smart thermostat installation, solar electricity panel installation, green heat systems installation, and solar photo voltaic electrification of Mi'kmaq First Nation communities.
