Although a provincial rebate is very unlikely to come back until Ford is gone, I do think there is a possibility for a federal incentive to come in 2019. There has been some rumours about this for a while.
National ZEV strategy coming, but Ottawa re-canvassing provinces
Probably won’t be as good as $14,000 though.
I've been tracking this from multiple sources since cancelling my M3 order originally as I was very curious as to what the cap would be. The consensus from a few was that a $6k POS tax rebate was being considered. If, by rare chance, no cap - I would have considered an S or X if not for this recent change of events. It would be much easier to roll this out than an entire ZEV policy.
Personally, I don't think a ZEV strategy will be implemented. The Feds announced they were developing one way back in May 2017 and targeting 2018 for deployment but there doesn't seem to have been any traction generated. All talk. No action. But it generated a lot of headlines.
With a new federal budget looming in a few months, we're running out of time and really it's now more of a political election issue. The liberals are already faced with letting down the environmental camp and also the pro-oil camps and risk disenfranchising both sides. Their message seems to be that we can have it all as a resource rich nation. I don't think many are buying it. They tend to be mutually exclusive paradigms.
Often these sorts of budget decisions are leaked ahead of time. I would have thought we'd hear something by the end of November. With each passing week now, the odds of a federal rebate become less and less. If nothing in the next 3 weeks, I'd bet against any federal EV program being released. Not impossible but odds are low.
By the time Ford is gone, BEV incentives may not be deemed necessary any longer if the cost of batteries has come down significantly. Incentives are mostly to level the playing field to encourage early adoption of the more costly technology.
I was referring to the EHVIP program. It will never come back. For anyone that received the letter, if you haven't ordered yet, I would strongly recommend that you do so this week. I have no concerns whatsoever that rebates will be issued for all valid applications.
