OTTAWA—The Government of Canada is making a $1.8-million investment in the Toronto Community Housing Corporation (TCHC) to increase energy efficiency in buildings across the city.
The TCHC and The Atmospheric Fund have also invested in the project, bringing the total project value to more than $6.7 million.
The federal investment will support the transformation of an energy-intensive, 80-year-old, mid-rise multi-unit residential building into a high-performance building with enhanced indoor environmental quality, states a release, adding the project will establish an innovative and replicable model for buildings in the TCHC portfolio and for similar buildings across Canada.
Federal funding is being provided through Natural Resources Canada’s Green Infrastructure – Energy Efficient Buildings Program which supports improvements to the design, renovation and construction of homes and buildings.
“Partnerships are critical on the path toward energy efficiency and a net-zero future,” said Jag Sharma, president and CEO of TCHC, in a statement.
“This deep retrofit project is exciting because we are reducing TCHC’s energy costs, we are reducing our carbon footprint, and, most importantly, we are modernizing our buildings to improve living conditions for tenants. This deep retrofit is a prime example of how we can apply modern technology to older buildings like this one that is now 80 years old, and we look forward to what we can do moving forward.”
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