Most of the heat pumps sold in Canada are imported from the US.
In Canada, ground source heat pumps are manufactured or assembled in New Brunswick, Québec, Ontario, Manitoba and British Columbia.
The market share of Canadian manufacturers is about 10 %.
At the border, the price of a typical heat pump is approximately $2,500.
The average GSHP system (which includes labour, drilling, design and installation cost) is about $28,000.
This means Canadian industry stakeholders here in Canada are responsible for more than 90 % of this economic activity.
This also means that more than 90 % of a GSHP value is money spent on Canadian products and services and this economic activity remains in Canada in every single town across Canada.
This economic activity (drilling, design and installation) cannot be relocated to countries paying lower wages.
GSHP create jobs where the energy is produced and consumed: in every single town across Canada.
