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Budget News: Federal ecoEnergy Grant Program Is Back

Posted by Sherry Rioux on March 22, 2011

Some good news in today’s Federal budget:  the Government will be restoring the popular ecoEnergy program with a commitment of a further $400 million.  As pointed out on one blog, let’s hope it’s not too late to find the necessary autditors to get this done.  While details have not yet been announced, I would think there is a good chance that the program will continue in the same or in a similar format to what existed before with a shared program between the Feds and the Provincial government.

Having taken advantage of the program ourselves, I encourage Canadains to look seriously at having an energy audit completed while the program is back.  You never know how long it may or may not last this time.

In other budget reaction, Canadian Home Builders’ Association President, Vince Laberge said the budget is one that lays the foundation for durable economic growth and stable housing markets.  He said, This budget marks a careful and responsible transition from stimulus spending towards creating the conditions that will renew private sector demand and investment.”

On the other hand, it is sad to note that no monies have been earmarked for the very serious issue of affordable housing and once again, no mention of developing a national housing strategy.

As most Canadians suspect, the opposition parties have stated they will not support this budget which will likely lead to a Federal election this spring.  Stay tuned.

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