Chapter 3 · 3.1 Delivering a boost today
$2 billion investment, retrofitting 1 million homes to save Canadians $1 billion per year
$1.34B net impact on the budgetary balance over five years, 2026-27 to 2030-31.
The cost line
| Line | 2026-27 | 2027-28 | 2028-29 | 2029-30 | 2030-31 | Total |
|---|---|---|---|---|---|---|
| Measure | 87 | 210 | 359 | 359 | 324 | 1,339 |
… no change to existing funding or no fiscal implication · – a further extension will be considered later · 0* less than $0.5 million. Positive numbers cost the budget (spending or forgone revenue); negative numbers improve it.
What the budget says
“We announced more than $2 billion over eight years, starting in 2026-27, to Environment and Climate Change Canada to support this effort.”
Budget 2026, p. 194 (PDF p. 208)
Key facts
- More than $2 billion over eight years, starting in 2026-27, to Environment and Climate Change Canada for home retrofits. Budget 2026, p. 193 (PDF p. 207)
Amounts named in the text
Stated amounts can cover different periods, cash or accrual bases, previously announced money and loans. They are not additive with the cost line above.
- $2 billion over eight years, starting in 2026-27
- $107.1 million over three years, starting in 2027-28
A million retrofits is a million jobs for insulators, HVAC and heat-pump installers, electricians and window crews. Contractors who make the homeowner's paperwork easy will win the work.
Also in this section
- Providing more help with groceries and everyday essentials$4.67BTax measureHouseholds
- Strengthening support for workers earning low wages$2.06BTax measureHouseholds
- Phasing out of advance payments−$3.08BSavings or revenue
- Making the Canada Caregiver Credit refundable$845MTax measureHouseholds
- Lowering costs for Canadians at the pump$2.87BTax measureHouseholds
- Securing the future of a Canada-wide early learning and child care system$5.42BProgram spendingHouseholds
- Realignment of existing funding$0MProgram spending