Federal EV Incentive (iZEV)
Program Overview
| Feature |
Details |
| Program name |
Incentives for Zero-Emission Vehicles (iZEV) |
| Max rebate (BEV) |
$5,000 |
| Max rebate (PHEV) |
$2,500 |
| Administered by |
Transport Canada |
Eligibility Requirements
| Requirement |
Details |
| Vehicle type |
Battery electric, plug-in hybrid, hydrogen |
| MSRP cap |
$55,000 base |
|
$60,000 for trucks/SUVs 7+ seats |
| Battery size |
At least 7 kWh |
| Buyer |
Individual or business |
Rebate Amounts
| Vehicle Type |
Rebate |
| Battery electric (BEV) |
$5,000 |
| Long-range plug-in hybrid (β₯50 km) |
$5,000 |
| Shorter-range PHEV |
$2,500 |
| Hydrogen fuel cell |
$5,000 |
Popular Qualifying Vehicles
| Vehicle |
Type |
Eligible Rebate |
| Tesla Model 3 (base) |
BEV |
$5,000 |
| Hyundai Kona Electric |
BEV |
$5,000 |
| Chevrolet Bolt EV |
BEV |
$5,000 |
| Nissan Leaf |
BEV |
$5,000 |
| Toyota RAV4 Prime |
PHEV |
$5,000 |
| Mitsubishi Outlander PHEV |
PHEV |
$5,000 |
Non-Qualifying Vehicles
| Vehicle |
Reason |
| Tesla Model Y (higher trims) |
MSRP too high |
| BMW iX |
MSRP too high |
| Mercedes EQS |
MSRP too high |
| Porsche Taycan |
MSRP too high |
Provincial Rebates by Province
British Columbia
| Program |
CleanBC Go Electric |
| BEV rebate |
$4,000 |
| PHEV rebate |
$4,000 |
| MSRP cap |
$55,000 |
| Combined with federal |
Yes |
| Total Possible in BC |
|
| Federal |
$5,000 |
| Provincial |
$4,000 |
| Total |
$9,000 |
BC Additional Programs
| Program |
Amount |
| EV charger rebate |
Up to $5,000 |
| SCRAP-IT (trade-in) |
Up to $6,000 |
| HOV lane access |
Yes |
Quebec
| Program |
Roulez Vert |
| BEV rebate |
$7,000 |
| PHEV rebate |
$5,000 |
| MSRP cap |
$60,000 |
| Combined with federal |
Yes |
| Total Possible in Quebec |
|
| Federal |
$5,000 |
| Provincial |
$7,000 |
| Total |
$12,000 |
Quebec Additional Programs
| Program |
Amount |
| Home charger rebate |
Up to $600 |
| Used EV rebate |
Up to $3,500 |
Nova Scotia
| Program |
Nova Scotia EV Rebate |
| BEV rebate |
$3,000 |
| PHEV rebate |
$3,000 |
| Combined with federal |
Yes |
| Total Possible in NS |
|
| Federal |
$5,000 |
| Provincial |
$3,000 |
| Total |
$8,000 |
New Brunswick
| Program |
Electric Vehicle Incentive |
| BEV rebate |
$5,000 |
| PHEV rebate |
$2,500 |
| Combined with federal |
Yes |
| Total Possible in NB |
|
| Federal |
$5,000 |
| Provincial |
$5,000 |
| Total |
$10,000 |
Prince Edward Island
| Program |
Electric Vehicle Rebate |
| BEV rebate |
$5,000 |
| PHEV rebate (β₯50km) |
$2,500 |
| Combined with federal |
Yes |
| Total Possible in PEI |
|
| Federal |
$5,000 |
| Provincial |
$5,000 |
| Total |
$10,000 |
Newfoundland and Labrador
| Program |
Provincial EV Rebate |
| BEV rebate |
$2,500 |
| Combined with federal |
Yes |
Provinces Without Provincial Rebates
| Province |
Federal Only |
| Ontario |
$5,000 (federal) |
| Alberta |
$5,000 (federal) |
| Saskatchewan |
$5,000 (federal) |
| Manitoba |
$5,000 (federal) |
Ontario Status
| Note |
|
| Provincial program |
Cancelled in 2018 |
| Federal only |
$5,000 available |
| Municipal |
Some local incentives |
Summary by Province
| Province |
Provincial |
Federal |
Total Maximum |
| Quebec |
$7,000 |
$5,000 |
$12,000 |
| New Brunswick |
$5,000 |
$5,000 |
$10,000 |
| PEI |
$5,000 |
$5,000 |
$10,000 |
| BC |
$4,000 |
$5,000 |
$9,000 |
| Nova Scotia |
$3,000 |
$5,000 |
$8,000 |
| Newfoundland |
$2,500 |
$5,000 |
$7,500 |
| Ontario |
$0 |
$5,000 |
$5,000 |
| Alberta |
$0 |
$5,000 |
$5,000 |
| Saskatchewan |
$0 |
$5,000 |
$5,000 |
| Manitoba |
$0 |
$5,000 |
$5,000 |
Home Charger Rebates
By Province
| Province |
Charger Rebate |
| BC |
Up to $5,000 |
| Quebec |
Up to $600 |
| Ontario |
Varies (utility programs) |
| Alberta |
Some utility programs |
Federal Charger Support
| Program |
|
| ZEVIP |
Workplace, multi-unit buildings |
| Amount |
Up to 50% of costs |
How to Apply
Federal Rebate Process
| Step |
Action |
| 1 |
Buy eligible vehicle |
| 2 |
Dealer applies at point of sale |
| 3 |
Rebate deducted from price |
| 4 |
Government reimburses dealer |
Provincial Rebates
| Process |
|
| BC |
Often at dealership |
| Quebec |
Apply after purchase |
| Others |
Varies by program |
Leasing vs Buying
Rebate for Leases
| Lease Term |
Federal Rebate |
| 48+ months |
Full rebate |
| 36-47 months |
75% of rebate |
| 12-35 months |
50% of rebate |
Business Purchases
Tax Treatment
| Deduction Type |
Details |
| CCA Class 54 |
100% write-off in year 1 |
| Applies to |
Zero-emission vehicles |
| Limit |
$55,000 + tax |
Business Benefits
| Factor |
|
| Full CCA deduction |
First year |
| Input tax credits |
If HST registered |
| Operating savings |
Fuel, maintenance |
Charging Cost Comparison
Annual Fuel vs Electricity
| Scenario |
Gas Car |
Electric Car |
| Distance |
20,000 km |
20,000 km |
| Efficiency |
8L/100km |
20 kWh/100km |
| Fuel cost |
$1.50/L |
$0.12/kWh |
| Annual cost |
$2,400 |
$480 |
| Savings |
|
$1,920/year |
Used EV Rebates
Where Available
| Province |
Used EV Rebate |
| Quebec |
Up to $3,500 |
| Others |
Generally not available |
Eligibility
| Requirement |
|
| Vehicle age |
Usually under 4 years |
| Odometer |
Under 80,000-100,000 km |
| Private sale |
May not qualify |