Canadian government invests in zero-emission vehicles

The government of Canada says it is to invest CAN$300 million over three years in zero-emission vehicles. Marc Garneau, minister of transport, says: “The Government of Canada is working to accelerate the adoption of zero-emission vehicles to help make it easier for Canadians to be part of the solution to climate change and to reduce their daily driving costs.” The federal purchase incentive is part of this year’s budget and applies to vehicles that are purchased or leased on, or after, 1 May. To be eli
April 23, 2019 Read time: 2 mins

The government of Canada says it is to invest CAN$300 million over three years in zero-emission vehicles.

Marc Garneau, minister of transport, says: “The Government of Canada is working to accelerate the adoption of zero-emission vehicles to help make it easier for Canadians to be part of the solution to climate change and to reduce their daily driving costs.”

The federal purchase incentive is part of this year’s budget and applies to vehicles that are purchased or leased on, or after, 1 May.

To be eligible, they must have a suggested retail price of less than CAN$45,000 for passenger vehicles with six or fewer seats, and less than CAN$55,000 for vehicles with seven or more seats. For those with six or fewer seats, higher priced versions are eligible if the final price is CAN$55,000 or less.

Subject to Parliamentary approval, the budget also provides support to expand the network of charging and refuelling stations and is creating new incentives for individuals and businesses.

Drivers who purchase or lease an eligible battery, electric, hydrogen fuel cell or longer range plug-in hybrid vehicle will receive CAN$5,000, with CAN$2,500 available for shorter-range plug-in hybrid vehicles.

Diane Lebouthillier, minister of national revenue, says: “Through tax incentives proposed in Budget 2019, the Canada Revenue Agency will administer the new proposed tax measures to encourage businesses to convert to zero-emission vehicles immediately."

Urban Traffic Control

Related Content

  • Cars reinvented: huge new opportunities and dangers, says IDTechEx
    December 2, 2016
    The new IDTechEx report, Electric Car Technology and Forecasts 2017-2027 finds that the biggest change in cars for one hundred years is now starting. It is driven by totally new requirements and capabilities. They will cause huge new businesses to appear but some giants currently making cars and their parts will spectacularly go bankrupt. Cities will ban private cars but encourage cars as autonomous taxis and rental vehicles. Already 65 per cent of cars in China are bought by businesses. The Japanese wa
    Read More
  • Natural Gas vehicle sales to increase at a healthy pace
    May 21, 2012
    Natural gas vehicles (NGVs) have been available to varying degrees since the 1970s, and earlier in some parts of the world. Despite this long history, adoption varies significantly from region to region, with NGVs used mainly for commercial vehicles in North America and parts of Western Europe and for consumer markets in parts of Asia and the Middle East. The primary growth drivers in these countries are the favorable economics of natural gas, the reduction of oil imports, the environmental benefits of lowe
    Read More
  • Paris to offer €500 help-to-buy for e-bikes
    October 4, 2019
    Parisians are to be given a big financial incentive to get on two wheels next year, according to MSN News. The Île-de-France Mobilités transport authority – which covers the city of Paris and outer suburbs - plans to offer residents €500 to buy an electric bike from February. Valerie Pecresse, president of the authority, told Le Parisien she has submitted a proposal to provide a subsidiary for half the cost of an e-bike - capped at €500 - to all residents. On average, an e-bike can cost up to €2,000. "
    Read More
  • Clearview Intelligence: The UK failing to embrace innovation to tackle road safety
    November 10, 2017
    60.3% of the 2,000 road safety professionals who attended the premier highway event at Highways UK revealed in a survey that new technologies and road safety innovations are vital to improving driver behaviour and road safety. However, 44% of the attendees are not adopting new road safety innovations today, according to the latest research conducted by Clearview Intelligence (CI).
    Read More

Highlighted Content