Thoughts of Green Home Ownership This Earth Day

Later this week, (April 22), Earth Day turns 20 years old in Canada (the event started 40 years ago in the U.S.)

Canadians may care more than ever about the implications of Earth Day; a new study reveals that Canadians are more likely to consider paying more for an eco-friendly home than in the past.

According to the TD Canada Trust Green Home Poll, 72% of respondents across the country see the value of spending on 'green' features in a house or condo. It's the third year in a row that the bank's poll has found an increase in that trend.

Likely because of the recession we've just come through, the Canadians' interest is driven by a desire to 'save money' rather than 'saving the planet." This latest poll has 77% of respondents citing lower energy bills as a main motivation - up from 65% in 2008.

Home Energy Audits Catching On

More than half of Canadians are likely to consider an environmental assessment prior to home renovations such as the home energy audits subsidized as part of the federal government's ecoENERGY Retrofit Grants program.

Some other findings that have come out of their latest poll:

  • 43% of the respondents appreciate the health benefits of a greener home
  • 42% appreciate the reduction in the environmental impact
  • 27% have done a green home renovation, or are in the process
  • Another 29% say they would like to carry out a green home renovation but don't know where to start
  • 66% of Canadians are interested in participating in an energy saving program; 11% already are
  • 53% are replacing regular light bulbs with CFL light bulbs
  • 38% are replacing or upgrading windows
  • 57% are avoiding the use of pesticides; the same number are disposing of chemical products appropriately
  • 46% are using green household cleaners
  • 34% are applying weather-stripping and caulking to stop drafts
  • 30% are replacing appliances with more energy-efficient models

Regional Differences

Canadians varied in their views on eco-friendly homes between provinces; for example:      

  • Ontarians and people in Manitoba and Saskatchewan are most likely to consider an environmental audit prior to finish their home renovation plans
  • Residents in BC (79%) and in Atlantic Canada (78%) are most likely to say tax credits encourage them to make energy-efficiency upgrades - vs. the national average of 66%
  • 84% of Atlantic Canadians are interested in participating in an energy-saving program - compared to the national average of 66%. However, only 4% of Atlantic Canadians actually do participate in such a program, vs. 11% nationally     

No matter where you live in Canada, are you thinking green... in lifestyle, in green real estate? Leave your comments below.

Happy Earth Day from everyone at CENTURY 21 Canada!

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