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2180 Steeles Avenue West,
Suite 204, Concord,
ON, L4K 2Z5

Phone:     905-761-7001
Toll Free: 1855-761-7001
Fax:          905-761-7005

Email: mortgageadvisor@rogers.com

27 September 2019

Trudeau and Scheer announced their green retrofit plans

On Wednesday, Justin Trudeau and Andrew Scheer addressed one of the major voter demographics (homeowners), announcing different plans aimed at helping owners save using green retrofits.

Although the announcements concerned only small parts of their general green plans, they still gave the leaders a chance to criticize each other’s strategies.

Scheer took the first step in Jonquière. While the Conservatives announced their green strategy in June, the Conservative leader reiterated one of his platform main plans: an implementation of a 20% refundable tax credit which should help people save up to $3,800 on green home renovations.

In addition to it, Scheer also noted that Trudeau’s plan was written on a napkin and that Trudeau is the "master of improvisation."

The Conservative leader hit at Trudeau's previous promise to lead Canada to net-zero emissions by 2050. Canada is already working on cutting its annual greenhouse gas emissions to 30% below 2005 levels by 2030.

In Scheer’s opinion, Trudeau not only can't reach the 2030 targets, he also makes new promises for 2050 without details on how he plans to keep them.

According to Scheer, his party has a real plan aimed at environment protection, and it’s realistic and achievable. He says it’s the most comprehensive plan ever developed by a political party, and it has most chances to reach the Paris Agreement goals.

An hour and a half later, Trudeau took its turn in Delta, promising interest-free loans of up to $40,000 for upgrading old furnaces, replacing leaky windows or retrofit homes in order to increase their energy-efficiency and resilience to floods or wildfires caused by climate change consequences.

Meanwhile, Trudeau also took the opportunity to criticize the Conservative party for the lack of their environmental record.

In his opinion, Scheer's plan is too similar to a do-nothing approach, used by a former prime minister Stephen Harper, that will cost more, but will not bring results.

According to the Liberal leader, while the Conservatives refuse to admit climate change problem, the Liberal government has done a lot to solve this problem and admits it’s only the beginning.

However, Trudeau was asked about how exactly the plan will meet the 2030 goals.

Trudeau noted Canada is already three-quarters of the way there, and in 11 months, the country will not only reach the necessary results, but will also exceed them and reach the net zero target by 2050.

Trudeau provided only few details on how it’s going to be achieved, stressing that the main way is the innovation developing zero emission technologies.




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