The Canada Greener Homes Loan provides interest-free financing to Canadians for energy-efficient home improvements. The loan covers eligible retrofits recommended by an energy advisor, but work should not commence before the loan application is submitted. Retrofits begun prior to application submission won’t qualify. The loan offers a maximum of $40,000 and a minimum of $5,000, with a 10-year interest-free repayment term. It functions as an unsecured personal loan based on approved credit.
Source Link: https://natural-resources.canada.ca/energy-efficiency/homes/canada-greener-homes-initiative/canada-greener-homes-loan/24286
