Subjects: POL, CFG
Albertans Benefit From Investments in Zero-Emission Vehicles
EDMONTON, April 24, 2019 /CNW/ - Canadians' quality of life ? and our future growth ? are deeply tied to the environment. Our government is investing in a cleaner, more sustainable future to help Canadians meet their transportation needs ? creating a more affordable cost of living, good paying jobs and resilient communities.
Today, Canada's Minister of Natural Resources, the Honourable Amarjeet Sohi, was in Edmonton to highlight how investments in Budget 2019 will make it easier for Canadians to choose a zero-emission vehicle. Budget 2019 provides $130 million in support to expand the network of zero-emission vehicle charging and refuelling stations and is creating new incentives for people and businesses to purchase zero-emission vehicles.
The Government also plans to invest $300 million over three years on a new federal purchase incentive for eligible zero-emission vehicles.
The purchase incentive for zero-emission vehicles applies to eligible new vehicles that are purchased or leased on or after May 1, 2019. This incentive program is a measure announced in Budget 2019 and is subject to parliamentary approval.
To be eligible for incentives, a vehicle must have a base-model manufacturer's suggested retail price of less than $45,000 for passenger vehicles with six or fewer seats and less than $55,000 for vehicles with seven or more seats. For eligible vehicles with six or fewer seats, higher priced versions (trims) are eligible as long as the final manufacturer's suggested retail price is $55,000 or less.
Canadians who purchase or lease an eligible battery electric, hydrogen fuel cell or longer range plug-in hybrid vehicle will receive an incentive of $5,000. Canadians who purchase or lease a shorter-range plug-in hybrid vehicle will receive an incentive of $2,500.
For more information on the program and eligible vehicles, visit canada.ca/zero-emission-vehicles or call 1 800 O-Canada (1-800-622-6232).
Quotes
"We are making it easier and more affordable for Canadians to own a zero-emission vehicle, and we continue to invest in infrastructure needed for easy charging where we work, live and play. Improving air quality, lowering day-to-day costs for families and businesses and helping to create a cleaner, greener future.
Amarjeet Sohi, Canada's Minister of Natural Resources
"FLO is focused on helping expand and accelerate the adoption of electric vehicles across Canada by providing safe and reliable charging infrastructure, because that's what matters to current and potential EV-buyers. We are extremely pleased to be here today to highlight the importance of Natural Resources Canada's EV charging infrastructure funding programs and the federal government's broader EV purchase incentives. These essential programs are helping build the safe and reliable charging infrastructure needed to help Canada lead the way to a cleaner, more convenient electric driving experience."
Travis Allan, Vice-president of Public Affairs and General Counsel, FLO
Quick Facts
- Transportation accounts for a quarter of Canada's greenhouse gas emissions, almost half of which come from cars and light trucks. The Government is committed to putting more zero-emission vehicles on the road, which offer the potential to significantly reduce greenhouse gas emissions, particularly in the longer term.
- To support the transition to a low-carbon transportation system, the Government of Canada has set targets for sales of zero-emission vehicles in Canada, which are as follows: 10 percent of new light-duty vehicle sales to be zero-emission vehicles by 2025, 30 percent by 2030 and 100 percent by 2040.
- Budget 2019 provides $300 million, starting in 2019?20, to introduce a new federal purchase incentive program to encourage more Canadians to buy zero-emission vehicles.
- The new Incentives for Zero-Emission Vehicles program will supply incentives for zero-emission vehicles, which include battery electric, plug-in hybrid and hydrogen fuel cell vehicles.
- This incentive program is aligned with the expert advice delivered in the interim report of the Advisory Council on Climate Action.
Related Documents
- Budget Plan
- Budget Speech
- ZEV Webpage
- Zero-Emission Vehicle Infrastructure Program Expression of Interest
Follow us on Twitter: @NRCan (http://twitter.com/nrcan)
SOURCE Natural Resources Canada
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