Geosource Energy Inc.

Canada made a significant move for the future of renewable energy this week with the passing of Bill C-59. This bill introduces Canada’s Clean Technology Investment Tax Credit, a tax credit covering up to 30% of capital costs for investments in wind, solar, and energy projects, including geothermal heating and cooling systems. Interested in exploring geothermal for your upcoming project? Reach out to Geosource Energy Inc. for a free feasibility assessment. Email us at info@geosourceenergy.com. – #BillC59 #CleanTechnology #CleanTechITC #RenewableEnergy #GeothermalDrilling #GeothermalEnergy #SustainableBuilding #TorontoGeothermal 

🌍 At Geosource, we're committed to delivering exceptional geothermal solutions, tailored to meet the unique needs of every project. We offer: 🔹 Design-Build: Full-service geothermal solutions from concept to completion.  🔹 Energy-as-a-Service: Zero Capital Cost for full-service geothermal solutions, from start to finish.  🔹 Build Only (Spec Build): Geothermal drilling services only, focused on the drilling aspect of your project. With our expertise and innovative approach, we help create sustainable, energy-efficient systems that are cost-effective and reliable. Together, we can build a greener, more sustainable future. 🌱 Contact us today for a free geothermal feasibility assessment and discover how we can make your next project more sustainable and cost-efficient! Geosource: info@geosourceenergy.com or 1-844-436-4328 (GEO-HEAT) #GeothermalEnergy #Sustainability #EnergyEfficiency #CleanEnergy #Geosource #GreenBuilding #Innovation #RenewableEnergy #ClimateAction #SustainableDevelopment

Happy New Year! 🎉 As we step into 2025, we’re excited to continue leading the charge toward a sustainable future with geothermal energy. 🌍💚 Here's to a year of innovation, growth, and powering the planet responsibly. Cheers to a greener tomorrow! 🔥🌱 #HappyNewYear #GeothermalEnergy #SustainableFuture

Year-End Insights & Achievements from Geosource Energy Inc. – A Message from Our CEO, Stanley Reitsma As 2024 comes to a close, I want to take a moment to reflect on an incredible year of growth and success at Geosource. We are thrilled to share some of our key drilling statistics, which showcase the hard work, innovation, and dedication our team has put in this year. These numbers aren’t just figures – they represent our commitment to providing safe, sustainable, and clean heating and cooling solutions for the communities we serve. We’ve accomplished so much in 2024, but this is just the beginning. As we look toward 2025, we are more excited than ever to continue pushing the boundaries of what's possible in geothermal energy and contribute to a greener, more sustainable future. 🌍🌱 Thank you to our incredible team, partners, and clients for making this year a success. Here's to digging deeper and achieving even more in 2025! ✨ #GeothermalEnergy #Drilling #Sustainability #CleanEnergy #Geosource #YearInReview #FutureForward #Innovation #RenewableEnergy #HeatingAndCooling #SustainableFuture

🌱 Geosource Energy Inc. at Green Drinks Year-End Event! 🌱 We were excited to attend the Green Drinks Year-End Event, where our team members had the opportunity to connect with industry leaders and like-minded professionals. It was a fantastic chance to network, share insights, and catch up with colleagues in the industry. We are grateful for the conversations and relationships built at this event, and we’re looking forward to continuing to collaborate on solutions that drive positive change in the industry. Thank you to everyone who made this event a success! 🌍💡 #Geosource #GreenDrinks #Networking #Sustainability #IndustryConnections #Innovation #PositiveChange

🎄 Season's Greetings from Geosource Energy Inc.! 🎄 As we reflect on the past year, we are incredibly grateful for the support and trust of our clients, partners, and dedicated team members. Your commitment to clean, renewable energy has been the driving force behind our success. This holiday season, we wish you peace, joy, and warmth with your loved ones. May the new year bring continued growth, exciting opportunities, and a stronger commitment to a sustainable future. Thank you for being an essential part of our journey. Together, we will keep powering a brighter, greener tomorrow. 🌟 Wishing you Happy Holidays and a Prosperous New Year from all of us at Geosource! 🌟 #HappyHolidays #GeoSource #RenewableEnergy #SustainableFuture #CleanEnergy #SeasonsGreetings

🎓🌟 Celebrating the Success of Our Co-op Students! 🌟🎓 As our co-op student's placement at Geosource Energy Inc. comes to an end, we want to take a moment to recognize and appreciate the valuable contributions they’ve made during their time with us. Their end-of-term presentation highlighted their exceptional work in research and development and data analytics, where they helped drive efficiencies, enhance workflows, and support process automation. Their innovative insights have significantly advanced our efforts to optimize operations and uncover new solutions. Thank you Aimee Cassidy, Denis Walsh, and Akib Arman Chowdhury, for your dedication, hard work, and fresh perspectives — your contributions have made a lasting impact on our team. We’re excited to see all the great things you will accomplish in the future! Best of luck in your next steps! 🚀 University of Waterloo #Geosource #CoopSuccess #ResearchAndDevelopment #DataAnalytics #EfficiencyImprovement #ProcessAutomation #InnovationInAction #Teamwork #NextGenerationLeaders

This year at Geosource Energy Inc., we’re celebrating 20 years of harnessing the Earth’s energy! 🌍✨ Over the past two decades, we’ve proudly delivered sustainable and innovative geothermal solutions to power a greener future. Thank you to our incredible team, partners, and clients who’ve been part of this journey. We’re excited to see what the future brings for Geosource, and even more thrilled to continue to shape a cleaner and more sustainable world. 💚🔥 #20YearsOfEnergy #GeothermalInnovation #SustainableFuture

🚨 Fall 2024 Rental Market Report from CMHC 🚨 The Canada Mortgage and Housing Corporation (CMHC) Société canadienne d'hypothèques et de logement(SCHL) Fall 2024 Rental Market Report has just been released, and Geosource is sharing the latest insights. Despite a record increase in rental supply, Canada’s rental markets remain tight. The average vacancy rate for purpose-built rentals rose to 2.2% (up from 1.5% in 2023), but affordability remains a significant challenge for renters. Key Insights: ⬇️ Rent growth slowed to 5.4% for 2-bedroom units (down from 8% in 2023). 🏢 Urban centres like Calgary saw the highest rent increases, while Toronto’s growth slowed due to higher vacancies. ⬆️ 2-bedroom condo rents rose to $2,199 (up from $2,049 in 2023). ⬆️ Renters moving to a new unit are paying 23.5% more than the previous tenant, limiting mobility. ⬆️ Increased completions of purpose-built and condo apartments provided some relief to the market. While new supply helps, affordability for low- to middle-income renters remains a challenge. It’s clear that more action is needed to address these ongoing affordability issues. 🔗 Read the full report: https://lnkd.in/gayYgxuq Geosource Energy Inc. has collaborated with several purpose-built rental developers to implement geothermal systems. If you are considering geothermal for your rental property, our team is here to assist: 📩 info@geosourceenegy.com ☎️ 1-844-436-4326 (GEO-HEAT) #RentalMarket #CMHCReport #CanadaRealEstate #Affordability #RentGrowth #Geosource

Last week, Geosource Energy Inc. held its Year-End Town Hall, where we had the chance to reflect on 20 years of innovation, collaboration, and the geothermal advancements that have shaped us into the trusted company we are today. As we look ahead to an exciting 2025, we are grateful for the dedication, hard work, and commitment of our amazing team. Thank you to Stanley Reitsma for sharing the sustainability goals for Geosource moving forward, and how we as a company can make an impact in carbon reduction. Special thanks to Andrew Selke for MCing the event! We also want to extend our heartfelt thanks to all of our clients for entrusting us with their important developments. Here’s to continuing our journey of growth and success together! #Geothermal #Innovation #Teamwork #Gratitude #LookingAhead #Geosource