The Canadian government’s electric vehicle (EV) rebate could make a return as part of a broader national automotive strategy.
The details come from sources with knowledge of the government’s plans, who spoke with CBC News on the condition they wouldn’t be named. However, they note a decision about an EV rebate hasn’t been made yet, and it’s not clear whether it would be similar to the iZEV program that was shut down last year.
As a quick refresher, the federal Incentives for Zero-Emission Vehicles (iZEV) program wasshuttered in October 2025 after itran out of funds earlier in the year.
Prior to the shutdown, Environment Minister Julie Dabrusinsaid the government would revive the program. However, the first federal budget from the Carney government didn’t mention EV rebates or outline new funding for the program.
CBC News reported that Transport Minister Steven MacKinnon said there would be more news coming on EV incentives. Further, CBC Newsreported that last month, a senior official said the government’s auto strategy, coming in February, would include details related to EVs. Specifically, there could be an update on the paused EV sales mandate and details about EV infrastructure investments from other countries.
The iZEV program previously offered up to $5,000 toward eligible EV purchases.
Many Canadians (myself included) would welcome the return of the EV rebate, or a similar program, to help make EVs more affordable. And coupled with some other initiatives, such as Prime Minister Mark Carney’s agreement to lower tariffs on nearly up to 49,000 Chinese EVs annually, we could see an increase in affordable EV options.
Source:CBC News
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