go with the hydronic coil in the air handler..best option all way around..
Heat pump with hydrocoil is more efficient then a gas furnace.Truth be told the hydro-air won't be as energy efficient as a gas furnace.
Even with a condensing boiler, it needs a low water temperature to actually run in the 90%+ range. The warmer the return water the less efficient the boiler becomes.
I thought Ontario had TOU billing. If so. Then a heat pump used off peak would be very cost effective.Run a heatpump in Ontario most of the winter and it'll burn a hole in your wallet.
Efficient? Maybe. Cost effective? No.