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Woot ...sorry to disappoint ...reports are saying $5000 off a vehicle $50K or less. $50K or less EV vehicles are for peasants ...not for folks on RS. Don't shoot the messenger. https://www.cbc.ca/news/politics/ott...-evs-9.7073975 |
aside from like a chevy bolt or something, what's actually under $50k these days new at a stealership? |
Corolla |
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Relegated to really entry level Kia, Hyundai, Mitsubishi, Ford Escape ... Prius Prime is under $50K. I also see lower trim Mustang Mach E under $50K. Maybe as it should, help the poor man get into an EV. I mean fukkers who are looking at $70K EV's don't need my taxes going into their subsidy. $2500 PHEV under $50K as well. Well meaning but not seeing how this policy will 'jumpstart' EV sales. |
so stil not quite $9000 savings from before.... |
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https://www.canada.ca/en/innovation-...on-vehicl.html Carney scraps Turd's EV availability standard to introduce more stringest emission caps on vehicles. -focussing on fuel efficiency. The Government of Canada will set a sovereign path to reduce emissions from light-duty vehicles (LDVs), setting the course for the intention of more than doubling the stringency of Canada's greenhouse gas (GHG) emissions standards by 2035. This is expected to drive a 75% EV adoption rate, while providing flexibility in the technologies used to achieve these emission reductions. Canada will leverage new investments in EV production, consumer incentives and charging infrastructure, and will not stop there; it will also pursue the aspirational goal of achieving a 90% EV adoption rate by 2040. The Government of Canada will repeal the Electric Vehicle Availability Standard (EVAS). In doing so, Canada will rationalize emission reduction policies, focusing on the outcomes that matter to Canadians without placing undue burden on the Canadian industry. In light of rapidly evolving technologies, Canada will review these standards after five years to ensure they remain ambitious and aligned with Canada's overall climate objectives. The transportation sector, and specifically on-road LDVs, represent a significant portion of GHG and air pollutant emissions in Canada. As a result of increasingly stringent GHG standards, the efficiency of new model-year LDVs has improved significantly since the early 2010s and contributed to a decline in emissions and improvements in fuel efficiency. More stringent Canadian GHG emission standards for model years 2027 to 2032 will be introduced to drive emission reductions in a technology-neutral manner while increasing the number of zero-emission vehicles on the road. Companies will be able to use a wide array of technologies to meet the standards in the early years and meet consumer preferences. However, a larger percentage of EVs will be required by all companies to meet the standard over time. The Government of Canada will launch a new, targeted five‑year EV affordability program to accelerate EV adoption by offering incentives to consumers and businesses for the purchase or lease of eligible cars with a final transaction value up to $50,000. To support the Canadian automotive industry, the transaction value eligibility cap will not apply to Canadian-made EVs. Incentives will be up to $5,000 for battery electric and fuel‑cell electric vehicles, and up to $2,500 for plug‑in hybrid electric vehicles (PHEV), and they will decline over time as per the table below. Eligible EVs and PHEVs will be manufactured in Canada or imported from countries where Canada has a free trade agreement. It is projected that over 840,000 new EVs would be incentivized through the program. Canadians could start benefiting from this new program as of February 16, 2026. Battery electric and fuel-cell electric vehicles $5,000 2026 $4,000 2027 $3,000 2028 $3,000 2029 $2,000 2030 Plug-in hybrid vehicles $2,500 2026 $2,000 2027 $1,500 2028 $1,500 2029 $1,000 2030 |
Badhobz just told me he's picking up a brand new Taycan right now at Porsche Centre Richmond. :suspicious: |
I guess we will be seeing a lot more base RWD model Y's on the roads in the future getting stuck on 2cm of snow. |
Interesting to see that the rebate will gradually reduce over time. I wonder if the intention is to drive up immediate demands, and thus offer a little bit of help on the economy front? |
I don't see how it'll help the economy much when the majority of the money wouldn't stay in the country. We don't currently make anything that satisfies the requirements |
Interesting. :considered: The Government of Canada will also support the sector through a series of available fiscal measures: The Productivity Super-Deduction, an accelerated capital cost allowance measure that allows automotive manufacturers to write off a larger share of the cost of investments in the first year. The Clean Technology Manufacturing Investment Tax Credit, a refundable tax credit that will continue to incentivize large-scale investments by reducing the costs of new machinery and equipment used to manufacture or process key clean technologies, including EV and battery manufacturing. Tax incentives and funding to support critical mineral mining and production, including the Critical Mineral Exploration Tax Credit, the First and Last Mile Fund and the $2 billion Critical Minerals Investment Fund, which will accelerate Canada's sovereign interests as a global leader in critical minerals. Canada's national AI strategy, which has already invested over $2 billion to date in the talent, compute infrastructure, and research and development that has set Canada apart as a global leader in AI. Auto companies are increasingly recognizing the depth of talent and innovation that is the result of decades of investment in Canada's AI ecosystem. Canada's forthcoming AI strategy will double down on this leadership position, driving AI commercialization and adoption across the industrial economy, including in the connected and autonomous technologies shaping the automotive industr |
I don't know if these incentives work, as our western productivity to build anything is so slow. I keep hearing gov gives xyz company to build brewery, software company Unisoft, VW, Hyundai to build battery plant. Then the gov does stupid shit like tariffs, arrest workers, cancels EV credits, EV mandate. And the company pulls out or cancels the project after getting the benefits. |
Dude, You sound like you're mixing it all up between the Canadian and US/Trump policies. Quote:
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Give him an A on effort for trying ... it's hard to make these kinds of dramatic changes in our economy, manufacturing, purchases, industries, and exports. Would normally take years if not decades. I mean if the car manufacturing era of Ford, GM, Stellantis/Chrysler in the 401 Windsor to Toronto corridor is dead ... that's going to affect a LOT of people. Not easy to replace on the fly. |
Not really, due to globalization doesn't really matter which gov it is as there will be effects, none of those companies in Canada are Canadian owned nor CEO decisions made in Canada. All the car companies are foreign, same with alcohol, software etc. |
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It says there's no MSRP limit for EVs built in Canada. edit: according to The Autopian, they make the Charger EV in Canada. so no limit on that!! :D |
Doesn't GM and Stellantis owe the federal gov't a tonne of money now or something? :D |
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Even if any new coming EV built a dealer and service bay, that generates some jobs. Manufacturing is a whole different level and it would take a lot of investment and time ... how many cars do you have to build in order for it to be worth building a plant here? |
Our own passenger vehicle sales only accounts for ~2% of all global sales (for new vehicles). So if we were to build car plants here, the bulk of the cars built will need to be exported somewhere for the plant to make sense. Unfortunately, with 2 oceans and the arctic surrounding us on 3 sides, there isn't really that much of an export market we can serve if the the US is gonna tariff the cars that are built here unless there are some major incentives for manufacturers to set up shop here. I feel like Carney (and maybe even Turd) is trying to set Canada up as a source for critical minerals and batteries, and then use those as leverage to entice auto manufacturers to also build cars here. If enough of the supply chain can be present in Canada, there might be enough incentives to get manufacturers to set up shop here. |
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