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Incentives and Financial Benefits of Going Electric

Incentives and Financial Benefits of Going Electric in Canada

Since the start of 2025, Canada’s landscape for electric vehicle (EV) incentives has undergone significant changes, particularly at the federal level. Here’s an updated overview of the current incentives available for purchasing electric and plug-in hybrid vehicles, as well as for installing home EV chargers across various provinces.​

Federal Incentives
  • Incentives for Zero-Emission Vehicles (iZEV) Program: Initiated in May 2019, the iZEV Program offered rebates of up to $5,000 for eligible zero-emission vehicles. However, due to high demand, the program’s funds were fully committed ahead of schedule, leading to its official pause on January 12, 2025. As a result, federal rebates for passenger EV purchases are currently unavailable. ​

Provincial Incentives

Despite the pause in federal incentives, several provinces continue to offer their own programs to promote EV adoption and support the installation of home charging infrastructure.

British Columbia
  • Vehicle Purchase Incentives: The CleanBC Go Electric Program offers income-based rebates for the purchase or lease of new electric vehicles (EVs):​
    • Battery Electric Vehicles (BEVs) and Long-Range Plug-In Hybrid Electric Vehicles (PHEVs): Rebates up to $4,000 are available for individuals with an annual income below $80,000. The rebate amount decreases for higher income levels, with no rebates for individuals earning above $100,000. ​goelectricbc.gov.bc.ca
    • Shorter-Range PHEVs: Rebates up to $2,000 are offered for shorter-range PHEVs, with eligibility and rebate amounts also determined by income.  
    • To qualify, vehicles must have a manufacturer’s suggested retail price (MSRP) below $50,000 for cars and below $70,000 for larger vehicles (such as minivans, small and standard pickup trucks, and passenger vans).
  • Home Charger Installation: Residents can receive a rebate covering 50% of the purchase and installation costs of an eligible Level 2 EV charger, up to a maximum of $350. ​

For the most current information and application details, visit the official CleanBC Go Electric website.

Quebec
  • Vehicle Purchase Incentives: Quebec’s Roulez vert program, which previously offered rebates of up to $7,000 for new electric vehicle (EV) purchases, has been temporarily suspended from February 1 to March 31, 2025due to high demand depleting available funds. The program is expected to resume later in the year, with adjusted rebate amounts:
    • 2025: Upon resumption, the rebate for new fully electric vehicles will be reduced to $4,000.​
    • 2026: The rebate is planned to decrease further to $2,000.​
    • 2027: The program is scheduled to conclude, with no rebates available for new EV purchases.
  • Home Charger Installation: Residents may receive a rebate of up to $600 for the purchase and installation of a 240-volt home charging station.

Prospective EV buyers and current owners considering the installation of home charging stations should regularly consult the official Roulez vert program website or contact local authorities for the most up-to-date information on available incentives and programs. 

Ontario
  • Vehicle Purchase Incentives: Ontario does not currently offer provincial rebates for EV purchases. With the federal iZEV Program paused, residents do not have access to government rebates for EV purchases at this time.​
  • Additional Benefits: EV owners are granted access to high-occupancy vehicle (HOV) lanes with a green license plate.
New Brunswick
  • Vehicle Purchase Incentives: The Plug-In NB Program provides rebates of up to $5,000 for new battery-electric vehicles and up to $2,500 for plug-in hybrids, depending on their electric range. Used EVs are eligible for rebates up to $2,500.
  • Home Charger Installation: Residents can receive a rebate covering 50% of the purchase and installation costs of a Level 2 home charger, up to a maximum of $750. ​
Nova Scotia
  • Vehicle Purchase Incentives: The Electrify Nova Scotia Rebate Program offers rebates up to $3,000 for new battery-electric vehicles and up to $2,000 for plug-in hybrids, depending on their electric range.
Prince Edward Island
  • Vehicle Purchase Incentives: Residents can receive rebates up to $5,000 for new or used battery-electric vehicles and up to $2,500 for plug-in hybrids.
Yukon
  • Vehicle Purchase Incentives: The Government of Yukon offers rebates of up to $5,000 for new battery-electric vehicles and $3,000 for plug-in hybrid electric vehicles. To qualify, vehicles must have a manufacturer’s suggested retail price below $55,000 and be registered in Yukon.​​
  • Home Charger Installation: Residents may receive a rebate covering 75% of the purchase and installation costs of a Level 2 home charging station, up to a maximum of $7,500. This rebate is available for multi-family residences, workplaces, and public sites, with a limit of 20 chargers per location.

Residents are encouraged to verify the current status of the program, as funding availability may change.

Newfoundland and Labrador
  • Vehicle Purchase Incentives: The province provides rebates of up to $2,500 for the purchase or lease of new all-electric vehicles and $1,500 for plug-in hybrid electric vehicles. These incentives are available to individuals, businesses, and non-profit organizations for vehicles purchased or leased between April 1, 2023, and March 15, 2025.​
Northwest Territories
  • Vehicle Purchase Incentives: The Arctic Energy Alliance offers rebates of up to $7,500 for the purchase or lease of new battery-electric vehicles or plug-in hybrid electric vehicles. This program is available to residents, businesses, non-profit organizations, and community governments connected to the Northwest Territories’ hydroelectric grid.​
  • Home Charger Installation: Residents can receive a rebate covering 100% of the purchase and installation costs of a Level 2 home charging station, up to a maximum of $500.
Manitoba
  • Vehicle Purchase Incentives: Manitoba’s Electric Vehicle Rebate Programoffers a rebate of up to $4,000 is available for eligible new EV purchases and up to $2,500 for eligible used EV purchases. The manufacturer’s suggested retail price (MSRP) must be below $70,000. The rebate applies to vehicles purchased or leased between August 1, 2023, and March 31, 2026.
Alberta and Saskatchewan
  • Current Status: As of now, Alberta and Saskatchewan do not offer specific provincial incentives for the purchase of electric vehicles. Residents in these provinces are encouraged to consult local programs or utility providers for any available incentives related to EV adoption or charging infrastructure.

Given the dynamic nature of incentive programs and potential funding limitations, it’s crucial for prospective EV buyers and homeowners interested in installing EV chargers to consult official provincial websites or contact local authorities for the most current information. Staying informed about the latest developments will enable Canadians to effectively navigate the evolving landscape of EV incentives and make well-informed decisions regarding vehicle purchases and home charging installations.

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