Buying an electric car becomes cheaper today as federal rebates kick in

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The rebates apply only to cars that cost less than $55,000, which means Tesla’s Model 3 doesn’t qualify

The rebates, announced in the last Liberal budget, will take up to $5,000 off the cost of electric vehicles, and $2,500 off plug-in hybrids, but they apply only to cars that cost less than $45,000.

Ottawa is raising that to $55,000 to increase the options a buyer can choose and still receive the rebate, but the price limit means the most popular electric car in Canada — the Tesla Model 3 — is not going to qualify. Nine electric cars and 13 plug-in hybrids are eligible, including the second- and third-most popular electric cars, the Nissan Leaf and the Chevrolet Bolt.

Electric-car experts say there is no doubt government incentives help drive electric-car purchases, noting when the new conservative government in Ontario killed a $14,000 rebate last year, electric-car sales in that province plummeted. Road transportation accounts for as much as one-fifth of Canada’s emissions and the incentives are part of the federal government’s strategy to meet its international targets for reducing greenhouse-gas emissions to halt climate change.

 

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Buying an electric car becomes cheaper today as federal rebates kick inFederal rebates to encourage Canadians to buy electric cars take effect today. RedRifle_ Waste of tax dollars Just reading this article over; there's rebates for buying an electric car, which is fantastic - however it mentions the Tesla model 3 is not a part of these rebates. Any insight as to why? elonmusk
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Buying an electric car becomes cheaper today as federal rebates kick inFederal rebates to encourage Canadians to buy electric cars take effect today. No. It costs the same before the rebate and after the rebate. It's just that the government has decided that hard-working Canadians struggling to pay increased energy costs must now also subsidize value-signaling by well-heeled urbanites. I’ll buy a real car. Thanks. Thx Trudeau!
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