Electric vehicle rebates paused as federal program runs out of money
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$0 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.75/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 13/01/2025 (327 days ago), so information in it may no longer be current.
OTTAWA – The federal government has paused an incentive program that offered Canadians rebates of up to $5,000 when buying or leasing electric vehicles.
In an update on its website, Transport Canada says the Incentives for Zero-Emission Vehicles (iZEV) Program has been paused as “funds have been fully committed.”
The department says more than 546,000 vehicles have been sold or leased with incentives through the program since it began in 2019.
The federal government has paused an incentive program that offered Canadians rebates of up to $5,000 when buying or leasing electric vehicles. An electric vehicle being charged on a street in Montreal, Tuesday, November 5, 2024. THE CANADIAN PRESS IMAGES/Graham Hughes
In 2023 zero emissions vehicles accounted for 11.7 per cent of Canada’s market, up from 3.1 per cent in 2019.
Canada has mandated that 20 per cent of all new vehicles sold must be electric by 2026 and 100 per cent by 2035.
The program was scheduled to pause either on March 31, or once all the available funding has been accessed.
This report by The Canadian Press was first published Jan. 13, 2025.