Electric Vehicle Incentives
Start your electric journey. Discover models eligible for Federal iZEV incentives, plus stackable provincial incentives where applicable.
Federal Electric Vehicle Incentives
The Federal iZEV program offered by the Government of Canada provides rebates of up to $5,000 on the purchase of eligible new electric vehicles.
CONDITIONS
- Purchased by a Canadian resident.
- Purchased or leased for at least 12 months.
- Individuals are only eligible for one incentive within one calendar year.
- Businesses operating fleets and municipal fleets are eligible for up to 10 incentives within one calendar year (note: if receiving Federal iZEV, businesses cannot do a tax write-off on zero-emission vehicles. They must select one or the other).
- iZEV incentives are continuing until March 31, 2025 or until available funding is exhausted.
| Eligible Models | MY23-24 EQB 250+, MY24 EQB 300 |
|---|---|
| Maximum Incentive | $5,000 |
Federal Tax Deduction for Small Business
Canadian small businesses may qualify for significant tax deductions on Zero-Emission passenger vehicles, with planned availability until end of 2027. Please reach out to a professional accountant to determine your eligibility and note that this cannot be used in conjunction with the Federal iZEV incentive program.
Small Business Tax Credits for Zero-Emission Passenger Vehicles
ELIGIBLE MODELS
Battery-Electric Vehicles, Plug-in Hybrids with 7 kWh or more of battery capacity
CONDITIONS
Eligible small business owners may qualify for a time-limited capital cost tax deduction of up to $59,000 plus sales tax.
Customers that receive the Federal iZEV incentive are not eligible for this.
Capital Cost Allowance is at a rate of up to 75% in 2024-2025, and up to 55% in 2026-2027.
This program ends in 2027.
Customers should always reach out to their tax professional to determine their eligibility and discuss any limitations.
Provincial Incentives
View available incentives for your province and territories.
Manitoba
Eligible Models: MY23-24 EQB 250 +, MY24 EQB 300
Maximum Incentive: $4,000
Terms and conditions apply.
New Brunswick
Eligible Models: MY23-24 EQB 250 +, MY24 EQB 300
Maximum Incentive: $5,000
Terms and conditions apply.
Newfoundland & Labrador
Eligible Models: All BEVs/PHEVs listed here
Maximum Incentive: $2,500 for all BEVs and $1,500 for all PHEVs
Terms and conditions apply.
Northwest Territories
Eligible Models: MY23-24 EQB 250 +, MY24 EQB 300
Maximum Incentive: $7,500
Terms and conditions apply.
Nova Scotia
Eligible Models: MY23-24 EQB 250 +, MY24 EQB 300
Maximum Incentive: $3,000
Terms and conditions apply.
Prince Edward Island
Eligible Models: MY23-24 EQB 250 +, MY24 EQB 300
Maximum Incentive: $5,750
Terms and conditions apply.
Québec
Eligible Models: MY23-24 EQB 250 +, MY24 EQB 300
Maximum Incentive: $7,000*
*This amount will be phased out over time. Visit the program website to learn more.
Terms and conditions apply.
Yukon
Eligible Models: MY23-24 EQB 250 +, MY24 EQB 300
Maximum Incentive: $5,000
Terms and conditions apply.