Electric car buyers get boost with $5,000 incentive for consumers and tax write-offs for business

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Finance Minister Bill Morneau would really like it if your next car was electric, and in his 2019 budget, he allocated $435 million for zero-emissions vehicles

“Building a better Canada also means helping people be part of the clean economy—with energy bills that they can afford, and cleaner ways to get around,” Morneau said in his budget speech.

Moreover, for business the government is offering substantially more generous tax write-offs if they buy vehicles that are electric, plug-in hybrid, or hydrogen fuel cells. Canada has set a target for 2040 that all vehicles sold will be zero-emission, and by 2025 the government wants 10 per cent of vehicles to be zero-emission.

 

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Time to tell Doug Ford about electric cars!

Crappy photo for this story seeing as Tesla doesn't qualify

What's the point? All of the electricity generated where I live comes from burning coal.

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