Mr. Speaker, yesterday the Minister of Labour and Housing was pleased to announce two new federal housing initiatives that will help meet Canada's climate change objectives and provide cleaner air and healthier cities, communities and homes.
Effective immediately, CMHC, Canada's national housing agency, will offer a 10% refund on its mortgage loan insurance premium when a borrower buys or builds an energy efficient home or makes energy saving renovations to existing homes.
The second initiative will allow repair work under the residential rehabilitation assistance program, or RRAP, to include energy saving renovations and retrofits that will help improve the energy performance of housing units.