Ottawa’s Energy Efficiency Mandates for Buildings Will Add Fuel to Affordability Crisis: Report

Ottawa’s Energy Efficiency Mandates for Buildings Will Add Fuel to Affordability Crisis: Report
New homes are constructed in Ottawa on Aug. 14, 2023. The Canadian Press/Sean Kilpatrick
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Canadians shopping for a newly constructed home will have to brace themselves for an estimated average price hike of $55,000 by 2030 as a result of the federal government’s energy efficiency mandates for buildings, according to a new report.

The report released by the Fraser Institute noted that the feds’ stricter building regulations will reduce Canada’s total greenhouse gas emissions by just 0.9 percent.