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Notes for a Speech by
The Honourable Joe Oliver, P.C., M.P.
Minister of Natural Resources
Launch of the Renewed ecoENERGY Retrofit – Homes Program
July 13, 2011
Check against delivery
Good morning everyone.
It’s an honour to be here on behalf of our Prime Minister, Stephen Harper.
It’s great to be having this event with:
- Benoit Leduc, Vice-President of Rona
- Anthony Romeo, Rona Store Manager
- Warren Heeley, President, Heating, Refrigeration and Air Conditioning Institute of Canada
I am also pleased to acknowledge my colleague MP Ted Opitz who is working hard on behalf of his constituents here in Etobicoke Centre and also Bernard Trottier, Member of Parliament from Etobicoke Lakeshore which is right across the street, also working hard on behalf of his constituents.
I’m glad you could all join us for today’s announcement.
I’m pleased to be here today to announce the renewal of the ecoENERGY Retrofit Homes program.
This program has been very popular with Canadians from across the country, making their homes more energy-efficient.
To date, half a million Canadians have taken advantage of up to $5,000 in grants to improve their homes and save money.
And that’s the bottom line: we want Canadians to be able to keep more of their hard-earned money in their pockets.
In fact, Canadians who took advantage of the program reaped an energy savings of 20 percent on average per household.
That means thousands of dollars in individual household savings and a reduction of a total of 1.8 megatonnes in greenhouse gas emissions. Clearly demonstrating that helping the environment can also help your pocketbook.
For example, one couple in Burnaby, B.C., was unable to afford the $4,400 bill for a new furnace and other energy upgrades. But after applying to the program and receiving a complementary grant, they received a total of $2,000.
With ongoing savings of $700 a year off their gas bill, they will have paid off the entire initial investment in just three years.
In Quebec, another family profited from renovating their home.
These people installed a new furnace and new windows.
Now, their home is warmer in the winter and cooler in the summer.
And they save money on their energy bill.
In the Next Phase of Canada’s Economic Action Plan, we are renewing the program by one year and investing another $400 million.
With this investment, we will help 250,000 more hard-working Canadians make their homes more energy-efficient.
This will mean more energy savings for Canadians and less greenhouse gases in our environment.
And beyond the environmental impact and savings for Canadians, our renewed one-year commitment to this program will produce important economic benefits across Canada.
Canadians participating in this program will hire local contractors and purchase new windows and furnaces, helping our manufacturing and retail sectors.
Indeed, it will generate an estimated $4 billion in economic activity in Canada.
That’s what you call a win-win-win situation.
But, you won’t receive the grant if you don’t apply. And that’s why during this summer construction season, we encourage you to participate in the program as it will end on March 31, 2012.
Don’t wait until your kids are back in school and back to their extra curricular activities, apply now ahead of the rush!
ecoENERGY Retrofit – Homes is a great success story.
But our Government’s commitment to creating a clean environment goes well beyond this important initiative.
Under the Next Phase of Canada’s Economic Action Plan, we are supporting Canada’s leadership by developing and promoting clean energy technologies.
We are investing in clean energy research and development.
Investing to improve energy efficiency.
And investing to get new clean technologies developed in Canada quickly into the market.
These investments and new technology mean a cleaner, greener environment to benefit all Canadians.
We are achieving real emission reductions while maintaining Canada’s economic advantage.
Ladies and gentlemen,
Our approach is simple.
Helping Canadians save on their energy bills.
Reducing greenhouse gas emissions.
Creating a better environment for all Canadians.
And most importantly, keeping more of your hard earned money in your wallet.
I want to thank you all again for coming to this important announcement.
Have a wonderful summer.
Thank you very much.
- Date Modified: