My 20 year old air conditioner recently died and I was looking into replacements. In my climate the temperature ranges from 40C in the summer, and -40C in the winter. After doing some research, it seemed pretty clear that having a furnace+AC was the way to go for my climate. Hardly a magic bullet technology.
Do you mean real -40? Or wind chill "-40" which doesnt affect HP?
Edit: Edmonton?