Canada Greener Homes Loan Program

canada greener homes grant

What is The Canada Greener Homes Loan?

Did you miss your chance to benefit from the Canada Greener Homes Grant? Don’t worry the Canada Greener Homes Loan is here to save the day!

Please note the Canada Greener Homes Grant ended in January 2024.

The Canada Greener Homes Loan offers homeowners the chance to upgrade their windows and doors with a 10-year, interest-free loan! With this loan, you can receive up to $40,000 per property for the necessary retrofits, including the installation of new windows and doors. The amount homeowners will receive is calculated based on the required retrofits, decided through the Energy Assessment completed at the beginning of the loan application.

 

Canada Greener Homes Grant

Who is eligible for the Canada Greener Homes Loan?

  • You must be a Canadian homeowner, with your home as your primary residence.
  • You must have completed a pre-retrofit evaluation of your home on or after April 1, 2020.
  • You need to have a good credit history and should not be under:
  1. A consumer proposal
  2. An orderly payment of debt program
  3. Bankruptcy or any equivalent insolvency proceeding
  • You will be required to provide financial information to prove your ability to repay the loan.
canada greener homes loan application details

How to apply for the Canada Greener Homes Loan.

  1. An Energy Assessment needs to be completed
  2. Loan application before any retrofits have started
  3. Upload your official quote sent from NorthShield Windows and Doors
  4. Once approved you can request up to 15% of the full loan amount to pay initial deposits
  5. Complete the retrofits
  6. Organize a follow-up energy assessment
  7. Upload the results of the assessment and retrofit invoices
  8. Receive the full loan amount

Watch this video!

Watch this video to learn more about the Canada Greener Homes Loan program. Providing an overview of the program, including eligibility, types of retrofits you can benefit from and the application process!

Get the most out of this government loan and enjoy an efficient home and lower energy bills all year round.

 

 

saving energy can save you money

Saving Energy Can Save You Money

Did you know that buildings are responsible for 18% of Canada’s greenhouse gas emissions? That includes our homes! The good news is that there are ways to make our homes more energy-efficient, and the Canada Greener Homes Loan can help.

As buildings account for a significant proportion of Canada’s greenhouse gas emissions, energy-efficient upgrades have the potential to make a big impact on reducing our country’s environmental footprint. So if you’re looking for ways to save money and be more eco-friendly, the Canada Greener Homes Loan is a great option.

northshield windows and doors

Where Can I Get My Greener Windows From?

To purchase windows with the Greener Homes Loan, you must choose windows from a government-approved, ENERGY STAR certified supplier. Northshield Windows and Doors is government-approved, and we sell ENERGY STAR certified windows. So, if you want to take advantage of this amazing opportunity, get in touch with us and we can get started!

Check out SEER and EER ratings for optimal energy efficiency! The Seasonal Energy Efficiency Ratio (SEER) Rating measures the cooling efficiency of AC units and heat pumps, Energy Efficiency Ratio (EER) Rating measures the cooling efficiency at 35 °C, the higher the rating the more energy efficient.

energy efficient windows save money

How Exactly Do Energy-Efficient Windows and Doors Save Money?

Energy-efficient windows and doors can save money by retaining heat in winter and keeping it out in summer, thereby reducing heating and cooling costs. They block drafts, enhance comfort, and decrease the energy needed to maintain a comfortable temperature. These upgrades can also boost your home’s resale value, as buyers increasingly seek energy-efficient homes.

Designed to keep your home well-insulated, energy-efficient windows and doors prevent heat from escaping in winter and cool air from leaking in summer. They also reduce noise pollution, creating a quieter home environment. While the initial cost may be higher, the long-term savings quickly offset this investment, making energy-efficient windows and doors a smart choice for your home.

committed to a greener future

We Are Committed to a Greener Future!

At NorthShield, we are committed to offering energy-efficient appliances that are manufactured in an environmentally responsible way. Our windows and doors help to reduce the amount of energy used in homes and businesses, which helps to reduce greenhouse gas emissions. In addition, our products are made in Canada using sustainable methods.

We are confident that our products and practices make a positive difference in the environment. NorthShield is proud to offer a product that is good for the environment while simultaneously helping our customers save money on their energy bills. We believe that it is possible to be both environmentally responsible and profitable, and we are committed to proving it. Learn more about the Greener Homes Loan here!