Since 2007
If you're renovating in Toronto, you can save significantly—and do your part for the environment—with a variety of current incentives.
Navigating government incentives for home renovations can feel overwhelming, especially with so many programs available at the city, provincial, and federal levels. The key is knowing which incentives apply to your project and how to access them. At Craftsman Renovations, we not only focus on delivering exceptional craftsmanship and service but also on helping homeowners take advantage of opportunities that add value to their investment.
City programs like the Home Energy Loan Program (HELP) offer low-interest financing to help residents make energy-efficient home upgrades.
Home Energy Loan Program (HELP)
Offers zero-interest loans up to $125,000 for energy-efficient upgrades—everything from heat pumps and insulation to rooftop solar panels and EV charging stations. Eligible projects can span up to 20 years, depending on your improvements.
Learn more on the City of Toronto website
Energy Retrofit Loans (ERL)
Available for multi-family or commercial residential buildings, offering long-term low-interest or interest-free financing for energy retrofits—such as HVAC upgrades or renewable energy systems.
Learn more on the City of Toronto website
Eco-Roof Incentive Program
Get grants for installing green or cool roofs: up to $100/m² for green roofs and $2–$5/m² for cool roofs, helping reduce energy use and stormwater runoff.
Learn more on the City of Toronto website
Basement Flooding Protection Subsidy
Receive up to $3,400 to install flood protection measures (backwater valves, sump pumps, weeping tile, etc.) to safeguard your basement.
Learn more on the City of Toronto website
BetterHomesTO & Green Rebates
Through City of Toronto programs and partners like Enbridge, you might access rebates or free items—including energy-efficient light bulbs, insulation, smart thermostats, and more.
Learn more on the City of Toronto website
Provincial initiatives, such as the Enbridge Gas Home Efficiency Rebate Plus (HER+), provide rebates for insulation, air sealing, and high-efficiency equipment.
Home Renovation Savings (HRS) Program
Launching in early 2025, this provincial rebate program offers up to 30% back on upgrades like windows, insulation, smart thermostats, solar PV, and battery storage.
Learn more on the Province of Ontario website.
Heat Pump Rebates
Receive up to $7,500 for a cold-climate air-source heat pump or up to $12,000 for ground-source heat systems.
Learn more on the Home Renovations website
National programs like the Canada Greener Homes Loan offer interest-free financing and rebates for retrofits that improve energy efficiency and reduce emissions.
Canada Greener Homes Loan
An interest-free loan of up to $40,000 (10-year term) for energy-saving renovations recommended by a registered energy advisor.
Learn more on the Government of Canada website.
Tax Credits for Home Adaptations
Home Accessibility Tax Credit (HATC): Up to $1,500 for accessibility improvements (ramps, grab bars, etc.).
Learn more on the Government of Canada website.
Multigenerational Home Renovation Tax Credit (MHRTC): 15% refundable credit on up to $50,000 spent creating a secondary unit—for seniors or persons with disabilities.
Learn more on the Government of Canada website.
If you're planning a renovation, these programs can reduce overall costs, improve your home’s value, and support a greener Toronto. We can help evaluate eligibility and guide you through the application process—just reach out!
Would you like help mapping your renovation plans to the right incentives or building that into your quote? Get in touch and we can help you work through this process.
Note: Terms and funding availability can change—confirm program details before proceeding.
You will receive outstanding communication and professional service from our trusted team of industry experts. We will guide you through the renovation process from start to finish with dedication to always providing our clients a positive building experience.
The foundation of a significant renovation is built long before a shovel hits the dirt. We believe in relationships and putting people first. You have our guarantee on this.
Let's collaborate and start working on your next great home improvement project.
