Canada’s 2021 budget promises $40K interest-free loans for home retrofits such as rooftop solar

We’ve reviewed the massive 724-page document and provide details on eligibility and administration of the loans.


Canada's federal government unveiled its first budget in more than two years.

The budget represents a strong effort to reduce Canada’s per capita greenhouse gas emissions. It adds an additional $101.4 billion dollars in new spending—much of which is geared towards economic stimulus— to get Canada through the Covid-19 pandemic.

The budget allots $17.6 billion to green projects, which Finance Minister Chrystia Freeland says "will help reduce greenhouse gas emissions by 36% by 2030"—as opposed to the original target of 30%.

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