Deep Retrofit Accelerator Initiative (DRAI)

DRAI’s second call for applications provides a non-repayable contribution to projects that focus on at least one of the following priorities: 

• Developing tools, resources, and/or other capacity building activities to support the Canadian financial sector in efforts to finance deep retrofit projects;

• Developing tools, resources, and/or other capacity building activities to support workforce development and capacity related to deep retrofits;  

• Developing tools, resources, and/or other capacity building activities to support the development of deep retrofit business cases (not limited to a specific project or building owner/manager). 

• Legal entities validly incorporated or registered in Canada, including for-profit and not-for-profit organizations;

• Provincial, territorial, regional and municipal governments and their departments and agencies, including public sector bodies, crown corporations or boards that are established by or under provincial or territorial statute or by regulation or are wholly owned by a province, territory or local or regional government;

• Indigenous governing bodies, for-profit and not-for-profit organizations and communities. 

The amount of funding available for the second call for applications is approximately $8 million over two years (2025/26 to 2026/27). Funding may be cancelled or reduced in the event that departmental funding levels are reduced by Parliament.