Canada's Last Zero-Emission Vehicle Rebate
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Canadian EV buyersAutomotive News
•Chaotic end to Canada’s EV rebate program leaves buyers, dealers in limbo
75% Informative
The government of Canada has awarded what appears to be its last zero -emission vehicle rebate.
A chaotic weekend rush exhausted the remaining funding for the Incentives for Zero-Emission Vehicles (iZEV) program.
Transport Canada warned Jan. 10 that the rebate program was set to “pause” ahead of its original March 31 end point, telling dealers only about $70 million in funding remained.
Legislation passed last year requires ZEVs account for 20% of new-vehicle sales in model year 2026 , 60% in 2030 and 100% in 2035 .
Automakers face penalties of up to $20,000 per vehicle for failing to meet the targets or purchasing adequate offset credits.
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