Liberals to pause carbon pricing on heating oil, beef up heat pump incentives
OTTAWA — Prime Minister Justin Trudeau has announced that the government will double the carbon price rebate for rural Canadians beginning next April.
Trudeau also says there will be a temporary, three-year pause to carbon pricing measures that are applied to deliveries of heating oil, beginning in two weeks.
A government press release says the change will mean that households that use heating oil would save about $250, on average, at the current rate.
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Through a pilot project, low- and median-income households in Atlantic Canada are to receive an upfront payment of $250 if they currently heat their homes with oil but sign up for a heat pump through a joint federal-provincial government program.
The amount of federal funding that eligible homeowners can receive for the installation of a heat pump, which the government says can save households save some $2,500 on their energy bills, is also going up.
Trudeau says it means that lower-income households will be able to get an average heat pump for free.
This report by The Canadian Press was first published Oct. 26, 2023.
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The Canadian Press