Making Sustainable Choices

Helping Members achieve environmental
sustainability goals.

Eco-friendly Banking Solutions

Supporting members in their transition to net-zero and a more sustainable future for generations to come.

Energy Efficient Home Renovation Loan

Auto Loan For Zero Emission Vehicles

Responsible Investment Solutions For You

Energy Efficient Home Renovation Loan

Innovation offers Loans to help home owners make energy efficient investments into their home.

There are now many eco friendly options for home owners to both minimize their carbon footprint and reduce their energy bills. Key home improvements include:

  • Replacing oil furnaces or low-efficiency systems with a high efficiency furnace, air source heat pump, or geothermal heat pump.
  • Better wall or basement insulation and/or wall or roof panels.
  • Installing a high-efficiency water heater or on-site renewable energy like solar panels.
  • Replacing drafty windows and doors.

Home owners have multiple financing options and incentives to make their green home renovations more affordable.

With CMHC (Canada Mortgage and Housing Corporation) and their CMHC Green Home program, energy-efficient housing is now made more affordable with Mortgage Loan Insurance. CMHC Green Home offers a partial refund on the cost of mortgage loan insurance. Buy, build or renovate for energy efficiency and you may be eligible for a refund of up to 25% of your premium.

The Federal government has also proposed further incentives that can help homeowners undertake retrofits identified through an authorized EnerGuide energy assessment. In combination with available grants, these loans can help eligible participants make deeper, more costly retrofits that have an even bigger positive impact in energy efficiency. More than 200,000 households can take advantage of this unique saving opportunity.

For more information, talk to an Innovation advisor and/or visit the CMHC (Canada Mortgage and Housing Corporation) website.

Zero Emission Vehicles Purchase Loan

Innovation offers auto loans to purchase a zero emission vehicle to help reduce your energy footprint.

Incentive For Zero-Emission Vehicles (iZEV)

Get incentives of up to $5,000 on eligible zero-emission vehicles for purchase or lease under the iZEV program.

Check if your vehicle is eligible.

How to make a purchase that qualifies under the iZEV program? Click here for information on businesses and the separate Canada Revenue Agency ZEV tax write-off incentive.

Responsible Investment Solutions

Innovation has partnered with NEI Investments, Canada’s leading provider of Responsible Investment (RI) solutions to make a positive difference – for our investors, our partners and society.

To do that, NEI have built Canada’s most diversified lineup of RI solutions — top performing, actively managed funds advised by the world’s leading institutional money managers, many RI leaders themselves, and overseen by NEI’s proprietary Investment Management, Asset Allocation and Environmental, Social and Governance (ESG) teams.

Have Questions? Contact Us.

Reduce your energy use. Reduce your costs.

If you have any questions about Innovation’s sustainable
finance offerings, we would love to help! You can talk to
our advisors at 1.866.446.7001.

More Ways To Do Good

Energy efficient tips you can implement now.

  • When buying a new home consider energy-efficient homes that can help you reduce your energy use and save you money on monthly energy bills.
  • Replace your single-pane windows with more energy efficient windows that allow you to use natural sunlight and reduce heat loss and gain.
  • Switch to energy star appliances, fans and electronics. This way, you’re using much less energy for the time that the product is on, saving money, and reducing your energy output.
  • Use energy saving lighting like LED bulbs. Switch off lights and appliances when not in use.

Join 57000+ Canadians
Who Love to Bank With Us!

More Reasons To Bank With Us!

Save - Our No-Fee Bank Account Has No Monthly Fee

Earn - cash dividends simply by doing your everyday Banking

Give - Your business helps us support your community