Prices, Price Factors and 2026 Programs

What drives heat pump, furnace and boiler prices in Canada, which rebate programs are open or closed in 2026, and how GST/HST and PST apply.

A heating replacement price in Canada is set by three things: how much heat your home loses on the coldest design day, which system is chosen to supply that heat (cold-climate air-source heat pump, ductless mini-split, ground-source system, gas or oil furnace, or a hydronic boiler), and what the installation needs beyond the box: ductwork changes, an electrical panel upgrade, a new venting path, a drilled or trenched ground loop, or oil tank removal. Programs and taxes then move the net figure up or down.

Start with the heat pump installation cost overview, which links to everything in this section. Then look at cold-climate air-source heat pump price factors, ground-source (geothermal) costs, furnace replacement, boiler replacement, the 2026 status of heat pump programs and GST/HST and PST on HVAC work.

All dollar figures on this site are illustrative and are there to show the arithmetic. They are not quotes, survey data or average prices. Program amounts are quoted only where we read them on the official page in October 2026, and they can change at short notice.

Prices, Price Factors and 2026 Programs

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