Ottawa’s closing of green-homes loan program leaves homeowners, businesses in lurch
Ottawa’s sudden cancellation of a $3.2-billion loan program for energy-saving home upgrades threatens housing affordability and hundreds of jobs, green-housing advocates say.
Last week, the administrators of the federal government’s Canada Greener Homes Loan Program revealed that they will stop accepting applications on Oct. 1. The program, launched in 2021, offers interest-free loans of up to $40,000 to help homeowners afford energy-efficient upgrades.
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