Transport Canada Updates 2019 EV Incentives Budget
Transport Canada Updates 2019 EV Incentives Budget
In mid-April, the 2019 Federal Budget for Transport Canada was released with an updated to the incentive program for vehicles with zero-emissions.
Over $300 million CA will be invested over the course of three years as part of incentives for zero-emissions vehicles that are purchased or leased on or after 1 May 2019.
Purchasers and their vehicles must meet several requirements to qualify. Vehicles must be purchased and have an MSRP of $45,000 or less. A $5,000 incentive offer will also extend to those who purchase or lease select battery or long-range plug-in, among other things.
Source: https://www.fleetbusiness.com