$2.2-billion expansion of the Low Carbon Economy Fund to support projects like Northern First Nations Home Retrofit Program
Regina: Fighting climate change while building a clean economy requires bold action and strong partnerships across the country. Through initiatives like the Low Carbon Economy Fund, the Government of Canada continues to help communities nationwide to cut pollution, build resiliency, and create good jobs for Canadians.
Today, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, announced a $2.8-million investment for SaskPower from the Low Carbon Economy Fund to support its Northern First Nations Home Retrofit Program, which this week is launching its application window for the year. SaskPower is also contributing over $1.0 million to support this project, which will provide energy efficiency home retrofits in participating First Nations communities.
The program is designed to lower energy costs for Northern First Nations, most of whom are reliant on electric power for their heating systems, through retrofits for people’s homes like improved insulation, upgraded pipes, and LED light installation.
The project will mean less pollution through energy savings and lower energy costs for people in these communities. Over the lifetime of this project, SaskPower will see a cumulative reduction of about 16,000 tonnes of greenhouse gas emissions—equivalent to removing approximately 4,900 passenger cars off the road for one year.
This project is a good example of what will be funded under the expanded Low Carbon Economy Fund, which in Canada’s 2030 Emissions Reduction Plan received a $2.2-billion recapitalization over seven years. Investments in climate action initiatives like this are part of the Government of Canada’s commitment to fight climate change, create good-paying jobs, and build a strong, clean economy for everyone.