Trudeau is giving out money again! Latest subsidy plan: up to $5000 per family

Yes, the Canadian federal government is giving out money again. This time it’s for homeowners who want to remodel and upgrade their homes to be more environmentally friendly! Eligible households can apply for up to $5,000 in grants. In addition, the federally announced benefit of up to $1,200 per child under the age of 6 will also be paid directly to parents’ accounts for milk money starting May 28.

According to the CBC, the Canadian government launched a major new program on May 27. The program provides Canadians with grants of up to $5,000 to pay for energy-efficient upgrades to their homes. The Canada Green Housing Grant Program will help homeowners upgrade heaters, install solar panels and replace windows and doors, among other things. The government will allocate about $2.6 billion over seven years. Prime Minister Justin Trudeau also announced yesterday the details of the program, can apply for subsidies for the type of housing from detached houses, semi-detached houses to townhomes can be, and renovation works can be retroactive to December 1 last year, at least 700,000 households benefit.

Eligible property types: detached and semi-detached houses, row houses, townhouses in townhouses, mobile homes on permanent foundations, permanently moored floating homes, mixed-use buildings (residential component only), and small multi-family residential buildings (up to three floors and a maximum of 600 square meters of floor space). It is important to note that new homes are not eligible for the grant. (The homeowner must have lived in the primary residence for at least six months from the date of occupancy by the first homeowner and be eligible for an EnerGuide assessment.)

Eligibility is as follows: Eligible homeowners in Canada can apply for subsidies regardless of where they live. However, only one homeowner class may apply per household. The home must be the homeowner’s primary residence. Applicants need to meet the following requirements: Provide proof of ownership and property tax bill number; and a driver’s license, government-issued identification (with address) or utility bill showing that the property is the primary residence.

Application requirements: Homeowners must complete an EnerGuide assessment before and after renovation (residents of Quebec and N.B. need to apply directly through the provincial program to book an EnerGuide assessment); and complete at least one renovation that the energy consultant qualifies for and recommends in his or her report. Only homeowners who perform at least one retrofit will receive a refund; provide and retain documentation of all documents until March 31, 2028; and ensure that all products must be purchased in Canada. Only online purchases ordered from an online distributor in Canada are eligible.

After completing a retrofit, homeowners can apply for subsidies for the following items: up to $5,000 total for qualified energy efficiency retrofits implemented after December 1, 2020. up to an additional $600 for the cost of an EnerGuide assessment before and after the retrofit. However, if the assessment alone is relied upon without continuing through the entire Greener Homes Grant process, the cost of the pre-renovation assessment will not be subsidized.

Beginning May 27, people across Canada can apply online. Applications are subject to an energy assessment by a certified advisor. The consultant will visit the applicant’s home and determine which energy efficiency measures are eligible for reimbursement. If the homeowner chooses to agree to proceed, a licensed contractor can be hired to perform the retrofit. After inspecting the completed work, the homeowner will receive the grant.

Trudeau and Natural Resources Minister Seamus O’Regan said the program is designed to lower Canadians’ energy bills, create jobs and reduce emissions. Energy efficiency and environmental protection can also be upgraded to the house, or government funding, so this is a good thing, yo. If you’ve been thinking about upgrading your home, now may be the perfect time to do so.