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Wrong Move at the Wrong Time: Economic Impacts of the New Federal Building Energy Efficiency Mandates

Ottawa’s new building energy efficiency regulations will add more than $71,000 to cost of new homes in Ontario by 2030


TORONTOThe cost of a newly constructed home in Ontario will increase by $71,818, on average, by 2030 as a result of the federal government’s stricter energy efficiency regulations for buildings, according to a new study released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank.

Crucially, the stricter building regulations will only reduce Canada’s total emissions by 0.9 per cent.

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