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Powering Canada Strong: What It Means for Ontario Property Owners

What the federal Powering Canada Strong strategy says about Ontario’s electricity future, and which programs Ontario homeowners and businesses can use today.

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5 min

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Powering Canada Strong is the federal government’s national electricity strategy, released by Natural Resources Canada in May 2026. It forecasts that Canada’s electricity demand will roughly double by 2050, and that Ontario’s will grow about 75% by 2050. It also estimates that over $1 trillion in investment will be needed to build the electricity system that growth requires. For Ontario homeowners, landlords and businesses, the strategy signals more electrification, more support for efficient heating and a growing need for skilled trades.

Key takeaways:

  • The strategy expects much more of Canada’s energy to come from electricity, including for heating buildings.
  • It highlights heat pumps and energy-saving retrofits, including plans for retrofits in up to one million households across Canada.
  • Several programs Ontario property owners can use today already exist. They’re listed below.

What Powering Canada Strong says

According to NRCan’s Powering Canada Strong page, the strategy:

  • expects national electricity demand to double by 2050, and Ontario’s to grow about 75%
  • estimates over $1 trillion in investment is needed from now to 2050, drawing on federal tax credits, the Canada Infrastructure Bank (with a $20 billion clean energy target), the Canada Growth Fund, and private and institutional investors
  • plans energy-saving retrofits for up to one million households, including support for switching from propane, oil and electric baseboard heating to heat pumps
  • reports analysis showing 7 out of 10 Canadian households paying less by 2050, because electric systems such as heat pumps are 2 to 4 times more efficient than fuel-based ones
  • launches Team Canada Strong, a $6 billion effort to recruit, train and hire 80,000 to 100,000 new Red Seal trades workers over five years

If you used or missed the closed Canada Greener Homes programs, this household retrofit plan is the one to watch. Our Greener Homes replacement page tracks what’s known so far and lets you join the early list.

What Powering Canada Strong means for Ontario property owners

Heating is likely to keep shifting to electricity

The strategy leans heavily on heat pumps. For many Ontario homes, especially those heated with oil, propane or electric baseboards, a cold-climate heat pump can cut energy use. Whether it cuts your bills depends on your current fuel, your home and local rates. Our heat pump vs furnace guide walks through the comparison.

On-site solar becomes more relevant

As demand grows, generating part of your own electricity can reduce what you buy from the grid. Ontario’s net metering rules let you earn credits for surplus solar power. See our guide to solar interconnection in Ontario.

Skilled trades are a bottleneck

The strategy’s investment in trades training reflects demand for electricians and HVAC technicians. Planning ahead and booking qualified contractors early can help. See what certifications your contractor should have.

Programs Ontario property owners can use today

ProgramWho it’s forWhat it offers
Home Renovation Savings Program (Save on Energy and Enbridge Gas)Ontario homeownersRebates on eligible upgrades such as heat pumps, insulation, smart thermostats, and solar with battery storage
Peak Perks (Save on Energy)Ontario homes and small businesses with a smart thermostat and central air conditioningIncentives for brief thermostat adjustments at peak times
Net metering (O. Reg. 541/05)Ontario customers with renewable generationBill credits for surplus electricity sent to the grid
Clean Technology Investment Tax CreditBusinesses (not individual homeowners)Refundable tax credit of up to 30% on eligible solar, storage and heat pump investments

Program details change, so confirm the current terms with each administrator. For a full list, see NRCan’s directory of provincial and territorial incentives. The federal Canada Greener Homes Loan is closed to new applicants; see our Greener Homes Loan update, and follow the new federal retrofit program on our Greener Homes replacement page.

What to do next

  1. Understand your current costs. Look at your yearly electricity and fuel use.
  2. Get an assessment. A home energy assessment or EnerGuide evaluation shows which upgrades matter most, and some rebates require one.
  3. Check programs before you sign, including pre-approval rules.
  4. Compare qualified quotes for heat pumps, solar or both.

Own a commercial or industrial building? See how commercial solar in Ontario can work for rooftop, ground-mount and multi-unit residential building (MURB) systems.

The bottom line

Powering Canada Strong forecasts much higher electricity demand in Ontario and backs heat pumps, retrofits and skilled trades to meet it. The strategy itself doesn’t hand out grants to individual properties, but existing programs, such as Ontario’s Home Renovation Savings Program, Peak Perks and net metering, can help you act now.

Frequently asked questions

What is Powering Canada Strong?

It’s the federal national electricity strategy released by Natural Resources Canada in May 2026. It sets out how Canada plans to meet rising electricity demand as more of the economy electrifies.

How much will Ontario’s electricity demand grow?

The strategy says Ontario’s electricity demand is forecast to grow about 75% by 2050, while national demand is expected to roughly double.

Does Powering Canada Strong give grants to homeowners?

The strategy describes plans, including retrofits for up to one million households. For money available now, look at existing programs such as Ontario’s Home Renovation Savings Program and the incentives in NRCan’s provincial directory.

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