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Originally Posted by Leeman4Gilmour
This Just Transition legislation is political fluff costing tax payers billions of dollars. An example from the position paper;
"Canada is investing $4.4 billion to help more than 200,000 Canadians make their homes greener and more affordable by lowering energy bills"
Sounds Jim Dandy. That works out to $22,000 for a lucky 200,000 people. There's over 14 million homes in Canada. I mean how does the government, how would anyone, calculate that spending $22,000 on 1% of the homes in Canada make any kind of difference. Just big numbers thrown out to make the electorate ooooo and ahhhh.
Here's the position paper;
https://www.rncanengagenrcan.ca/site..._-_july_15.pdf
It's fluff with big numbers and no basis. I get it, it's a position paper, but if you're going to throw out billions of dollars in estimates you should have a basis for that. That's a non-partisan rant against all politicians. |
It'd help if you understood what that was referring to. The $4.4B program is 10-year interest free loans; they're not giving that money away:
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We are working with our partners at Natural Resources Canada to deliver this initiative to provide $4.4 billion in interest-free loans, of up to $40,000 per household, helping up to 175,000 homeowners complete extensive home retrofits on their principal residence.
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https://www.cmhc-schl.gc.ca/en/profe...-greener-homes
Seems like a good program to me. The government fronts the money for people to pay for energy upgrades and then as long as the payback period of the upgrades are 10 years or less, (which most effective ones are) then the energy savings alone will cover the loan payments. So we improve residential infrastructure, reduce overall energy usage, and generate economic activity at a relatively small cost to taxpayers.