Ottawa just put $2 billion on the table for the new National Heat Pump Rebate: up to $10,000 if youâre below median income, $2,000 for everyone else.
Nick and Dan go through the fine print. You get one rebate per person, not per property, and the $1,400 savings claim covers oil and baseboard homes, not gas. Then they run the real Toronto numbers. With the carbon charge gone, a heat pump costs more to run than a gas furnace, so for most Ontario homes it only makes sense when the furnace and AC need replacing at the same time.
They also cover cold weather performance, the panel upgrade that surprises homeowners, and Ontarioâs rebate rules for rentals. For investors, they explain how energy upgrades earn MLI Select points, and why going from 50 to 100 points on a $5M build can save about $60,000 in premium.
Join us at Unpacking Multiplexes Montreal, Thursday, November 19 at the Grande Bibliothèque
Exchange-Traded Funds (ETFs) | BMO Global Asset Management
Asset Allocation ETFs | BMO Global Asset Management
See omnystudio.com/listener for privacy information.