Canadians are calling for action to fight climate change in a way that will build a strong economy, keep life affordable, and ensure clean air for our communities.
Today, Jenica Atwin, Member of Parliament for Fredericton, New Brunswick, on behalf of the Honourable Steven Guilbeault, Minister of Environment and Climate Change, announced a federal investment of up to $62.7 million from Canada's Low Carbon Economy Fund to increase energy security and support climate action, building a strong economy in New Brunswick.
The funding will be divided into two parts:
- Up to $23.8 million for provincial programming to enable low-income homeowners to transition from home heating oil to low-emitting heating technologies.
- Up to $38.9 million for provincial initiatives that support Canada's 2030 greenhouse gas emissions reduction target and align with Canada's goal of net-zero emissions by 2050.
The federal government is working closely with New Brunswick to finalize an agreement on the delivery of this funding.
This funding is in addition to other Government of Canada efficiency programs, including Natural Resources Canada's Oil to Heat Pump Affordability Program, in which eligible homeowners with low-to-moderate incomes can receive up to $10,000 in federal support, when combined with funding available from the Canada Greener Homes Grant. These two programs have supported the installation of over 10,000 heat pumps in Atlantic Canada, including 5,422 in New Brunswick.
The Low Carbon Economy Fund has already supported projects in New Brunswick, from the conservation and efficient use of energy in manufacturing facilities, to residential retrofits and energy retrofits on municipal buildings such as arenas, wastewater treatment facilities, fire halls, transit facilities, offices, and public buildings.
