Delaying furnace replacement costly

It’s that time of year when furnaces get a lot of use. And you may be thinking about a replacement or perhaps getting one more year out of the old one. That delay may cost you a lot of money.

Ontario offers $100M for upgrading gas furnaces, water heaters

Ontario announced a $100-million program Thursday to help homeowners upgrade their furnaces, water heaters and insulation, but did not provide a start date, eligibility rules or rebate amounts.

Rising hydro rates could cause ‘serious harm’ to Ontario’s economy, BMO chief economist says

Continued increases to the cost of electricity threaten to undermine the long-term competitiveness of Ontario’s economy, warns BMO’s chief economist Doug Porter.

Ottawa toughening energy efficiency regulations by 2020

The federal government will toughen regulations on a greater number of household and commercial products to require them to be more energy efficient by 2020, Natural Resources Minister Jim Carr announced ahead of Monday’s G7 energy ministers meeting in Japan.