Canada Greener Homes Loan: Closed to New Applicants. What to Use Instead
The Canada Greener Homes Loan is closed to new applicants. Here’s what that means for existing borrowers and which programs Canadian homeowners can look at now.
The Canada Greener Homes Loan is closed to new applicants. Natural Resources Canada (NRCan) says funding is fully committed and October 1, 2025 was the last day to apply. If you already have an approved loan, your funding remains available. If you’re planning a heat pump, solar or insulation project now, you’ll need to look at other programs, several of which are listed below. For what’s expected to replace the Greener Homes programs, see our Greener Homes replacement guide.
Canada Greener Homes Loan status at a glance
Details
Status
Closed to new applicants; funding fully committed
Last day to apply
October 1, 2025
Approved borrowers
Loan funding remains available
Loan terms (for existing borrowers)
$5,000 to $40,000, interest-free, 10-year term, unsecured personal loan
According to NRCan, approved borrowers can receive up to 15% of the loan upfront for deposits (25% in northern or off-grid communities). The rest is paid after the post-retrofit EnerGuide evaluation is complete, typically within about 10 days of the funding request being approved.
To keep your loan on track:
Complete the retrofits in your approved plan, using the contractors and quotes you submitted.
Check your loan agreement, or contact the program, for questions about repayment, deadlines or selling your home.
What to use instead of the Canada Greener Homes Loan
The next federal program: retrofits for up to one million homes
The federal Powering Canada Strong strategy, released in May 2026, plans energy-saving retrofits for up to one million households, including help switching from oil, propane and electric baseboard heating to heat pumps. Our Greener Homes replacement page explains what’s known so far, and lets you join the early list and check your incentives.
Canada Greener Homes Affordability Program (lower-income households)
The Canada Greener Homes Affordability Program provides no-cost retrofits, such as insulation and heat pumps, for low- to median-income homeowners and tenants. You apply through your province or territory, not the federal government. As of NRCan’s August 2026 update, it was available through programs in British Columbia, Manitoba, Nova Scotia, Prince Edward Island and Quebec, with more provinces expected.
Oil to Heat Pump Affordability program (now closed)
This federal program helped households heating with oil switch to heat pumps. July 31, 2026 was the last day to apply, though applications submitted before the deadline are still being processed. See NRCan’s program page.
Provincial and utility programs
Many of the most useful incentives now come from provinces and utilities. For example:
Ontario: the Home Renovation Savings Program, delivered by Save on Energy and Enbridge Gas, offers rebates on upgrades such as heat pumps, insulation, smart thermostats, and solar with battery storage.
Quebec: Hydro-Québec offers a solar panel grant for eligible residential customers, alongside other efficiency programs.
British Columbia: BC Hydro offers rebates for eligible self-generation installations done by qualifying contractors.
A note on the Clean Technology Investment Tax Credit
You may see the federal Clean Technology ITC mentioned alongside home programs. It’s a refundable tax credit of up to 30% for businesses investing in eligible equipment such as solar, storage and heat pumps. Individual homeowners can’t claim it for their own home. See the Canada Revenue Agency’s Clean Technology ITC page.
How to plan a retrofit without the loan
Start with an assessment. An EnerGuide evaluation or a program’s home energy assessment shows which upgrades will help most, and some rebates require one first.
Check eligibility before you sign. Many programs require pre-approval or specific contractors.
The Canada Greener Homes Loan is closed to new applicants, but existing approved loans continue. For new projects, look at provincial and utility rebates and, if your household qualifies, the no-cost Canada Greener Homes Affordability Program. To stay on top of the new federal retrofit program, visit our Greener Homes replacement page. Check each program’s current rules before you commit.
Frequently asked questions
Can I still apply for the Canada Greener Homes Loan?
No. NRCan says funding is fully committed, and October 1, 2025 was the last day to apply. Approved borrowers still have access to their loan funding.
Is the Canada Greener Homes Grant still available?
No. The Canada Greener Homes Grant is also closed. Lower-income households may qualify for the Canada Greener Homes Affordability Program through participating provinces.
Can homeowners claim the Clean Technology Investment Tax Credit?
No. It’s a business tax credit for eligible investments by corporations and certain partnerships and trusts, not a credit for individuals upgrading their own homes.
