New Economy Canada welcomes $2 billion federal investment in heat pumps
October 8, 2026
Investment in heat pumps will support household affordability and help unlock economic growth associated with an electrified economy.
Now is the time to make our economy stronger and help Canadians prosper.
How?
By accelerating investment in Canada’s clean economy.
We must act now or lose our chance.
The global shift to a clean economy is happening on a massive scale. In Asia, Europe and here in Canada investors want to put their dollars behind sectors that are producing and using clean energy and tech to decarbonize and optimize manufacturing plants, steel mills, trucking and shipping fleets, and more.
Canada can seize the moment by getting things built. Getting new critical mineral mines and clean energy, electricity infrastructure and clean tech projects up and running will put more paycheques in Canadian pockets.
New Economy Canada is a non-partisan initiative uniting over 70 companies, industrial sector associations, as well as labour and Indigenous organizations, all committed to accelerating investment in Canada’s clean economy. Our partners employ or represent over 750,000+ workers and generate annual revenues of over $200 billion CAD.
Get updates on the clean economy
How to Seize Canada’s Clean Investment Opportunity in Turbulent Times
Our partners
Our partners are a mix of natural resource, clean energy and clean tech companies, along with industrial sector associations, and labour and Indigenous organizations who are investing in and building Canada’s clean economy.
News & Perspectives
The latest updates on the clean economy.
Investment in heat pumps will support household affordability and help unlock economic growth associated with an electrified economy.
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