Toronto Offers New Incentives to Make Homes More Planet-Friendly

  • 📰 storeyspub
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 74%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Homes and buildings generate around 57% of Toronto's emissions, primarily from heating and hot water. cityoftoronto

“Currently, homes and buildings are the largest sources of emissions in Toronto, generating approximately 57% of total community-wide emissions, primarily from the burning of fossil fuels for heating and hot water,” said the City of Toronto in a press release.

Home improvements eligible for financing include electric heat pumps, insulation , upgraded windows/doors, air sealing, geothermal systems, rooftop solar PV, tankless water heaters, solar hot water systems, EV charging stations, battery storage, and more. Eligibility has been expanded to include tax-exempt properties in addition to the currently eligible detached, semi-detached, row/townhouses, and duplex and triplex apartment buildings.

“Improving the energy efficiency of our homes and buildings will be key to reaching our net zero target by 2040 and advancing our TransformTO Net Zero climate strategy,” said Toronto Mayor. “Ongoing investment and action from all levels of government will be required to address the climate crisis and I thank the federal government and FCM for this funding.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Letter to the editor: Use museum money to build care homes for seniorsNursing homes have suffered from years of systemic neglect and repeated investigations have warned of grave safety problems.
Source: PGCitizen - 🏆 65. / 51 Read more »

Vancouver's Broadway Plan is a Go-Ahead: Will Add 30K HomesThe goal of the 30-year BroadwayPlan is to address the looming housing crisis, economic growth and the climate emergency. Vancouver realestatenews
Source: storeyspub - 🏆 16. / 74 Read more »

Calgary aid worker helps build tiny homes for war displaced Ukrainians | CBC NewsLong time Calgary-based community activist Paul Hughes travelled to Ukraine intending to help fight Russian invaders. But soon after he got there, he switched gears to helping people in the war-torn country get roofs over their heads.
Source: CBCCalgary - 🏆 78. / 51 Read more »

Homes of 85,000 people at risk, but rain eases around Sydney, AustraliaFloodwaters had inundated or were threatening the homes of 85,000 people around Sydney on Wednesday as rivers started to recede and the heavy rains tracked north of Australia's largest city.
Source: CTVNews - 🏆 1. / 99 Read more »

Homes of 85,000 people at risk, but rain eases around SydneyFloodwaters had inundated or were threatening the homes of 85,000 people around Sydney on Wednesday as rivers started to recede and the heavy rains tracked north of Australia's largest city. I hope all of the vaccinated people are okay.
Source: CP24 - 🏆 30. / 67 Read more »

Toronto offering zero-interest loans up to $125K for green home retrofits - Toronto | Globalnews.ca'Currently, homes and buildings are the largest sources of emissions in Toronto, generating approximately 57 per cent of total community-wide emissions,' the City said.
Source: GlobalNational - 🏆 81. / 51 Read more »