Ottawa launches first phase of Canada Greener Home Loan program

Ottawa has launched the first phase of its plan to offer interest-free loans to Canadians planning upgrades that will have a significant impact in reducing their home's environmental footprint.

The program will provide interest-free loans of up to $40,000 per household to help finance eligible retrofits.

The first phase is open to eligible homeowners who are applying or have an open application to the Canada Greener Homes Grant.

The second phase will begin in early September.