“Making the switch to more energy-efficient heating systems can help Canadians save thousands on their energy bills, reduce their energy use and decrease their carbon footprint. That’s why we are strengthening the Oil to Heat Pump Affordability program and ensuring that families in the Yukon are supported in making the switch from heating oil to an efficient heat pump.” The Honourable Jonathan Wilkinson Minister of Energy and Natural Resources

“Yukoners face some of the coldest temperatures in Canada and need reliable, affordable heating systems to stay warm. This is now truer than ever as climate change is making our weather increasingly unpredictable. Heat pumps are an efficient way to heat homes while reducing emissions, protecting the environment and helping Canadians save on their utility bills. That’s why we are investing in programs like this that support the transition and get us closer to our emission reduction goals.” The Honourable Steven Guilbeault Minister of Environment and Climate Change

“Transitioning to energy-efficient heating systems offers Canadians and Yukoners the opportunity to save money on more-efficient home energy systems. The Oil to Heat Pump Affordability program will ensure that families in the Yukon receive the necessary support to switch from heating oil to efficient heat pumps, which will benefit local installers and businesses while also helping ease northern Canada’s pathway to home heating that is less expensive and more environmentally friendly.” Brendan Hanley Member of Parliament for Yukon

“Our government believes that we can save money and our planet at the same time. Through Our Clean Future, our government committed to helping Yukoners transition from fossil fuels to smart electric heating systems like heat pumps. I’m pleased that these new investments will help make life more affordable for Yukoners while reducing our territory’s greenhouse gas emissions.” The Honourable John Streicker Yukon Minister of Energy, Mines and Resources 

• The Oil to Heat Pump Affordability program was first introduced in November 2022 as a $250-million investment in a new stream within the Canada Greener Homes Initiative. On February 22, 2023, the program was opened to pre-registration and was fully launched in late March 2023, with the first grants being issued shortly thereafter.
• Introduced in October 2023, the federal government announced working with provinces and territories on co-delivery agreements including:o   A strengthened OHPA program that will partner with provinces and territories to increase federal funding eligible homeowners can receive for installing a heat pump from up to $10,000 to up to $15,000, where up to $5,000 matches supplementary provincial and territorial contributions via co-delivery arrangements. o   An upfront payment of $250 for eligible applicants through the Canada Heat Pump Bonus.
• The Low Carbon Economy Fund supports provincial and territorial initiatives to reduce greenhouse gas emissions. This can include support for households to switch from oil or natural gas to heat pumps and increase energy efficiency in their homes.
• Heat pumps are one of the best ways for homeowners to save money on energy bills and fight climate change. They are also two to three times more efficient than other electric home heating sources. This results in greater savings for homeowners and reduced energy intake for utilities and grids.
• Every year, on average, a household participating in the Oil to Heat Pump Affordability program saves $1,337 on energy costs and achieves 2.78 tonnes in greenhouse gas reductions.
• The Oil to Heat Pump Affordability program has received approximately 287,000 applications to date nationally.
• Under Budget 2024, the Government of Canada is taking numerous steps to make life more affordable for Canadians while addressing climate change. This includes the Canada Greener Homes Affordability Program, which will support the direct installation of energy efficiency retrofits for Canadian households with low to median incomes.