Re Budget 2022, no details provided - Wait for Transport Canada to update in the coming weeks.
A Plan to Grow Our Economy and Make Life More Affordable
budget.gc.ca
Making the Switch to Zero-Emission Vehicles More
Affordable
To help make ZEVs more affordable for Canadians, the federal government has
offered purchase incentives of up to $5,000 for eligible vehicles since 2019.
This program has helped Canadians purchase or lease over 136,000 new ZEVs,
but more support is needed to help Canadians get behind the wheel of zeroemission
vehicles.
Budget 2022 proposes to provide $1.7 billion over five years, starting in
2022-23, with $0.8 million in remaining amortization, to Transport Canada
to extend the Incentives for Zero-Emission Vehicles (iZEV) program until
March 2025.
Eligibility under the program will also be broadened to
support the purchase of more vehicle models, including more vans, trucks,
and SUVs, which will help make ZEVs more affordable. Further details will
be announced by Transport Canada in the coming weeks.