Ottawa adjusts value threshold for taxes on zero-emission vehicles
The Department of Finance says Canada starts from a position of strength, with a power grid that is about 80% clean, and that Budget 2026 expands charging infrastructure to support the shift to electric vehicles.
Translated from Arabic. Read the original بالعربية
TORONTO — The Department of Finance Canada announced in an official statement that the federal government is adjusting the value threshold for tax that applies to zero-emission vehicles.
The department said Canada starts from a position of strength, as about 80% of its electricity grid is clean energy. It added that the cost of electricity in Canada is among the lowest in the G7.
The shift to clean transportation
According to the statement, the shift to clean and affordable energy extends to the transportation sector. The department noted that Budget 2026 expands charging infrastructure, in support of the accelerating shift to electric vehicles.
The available text did not include details of the adjustment itself, such as the value of the new threshold or when it takes effect.
More from Hala Canada
- Savings squeeze hits Canadian millennials, with 55% citing too little income left over
- U.S. imposes new health declaration on air travellers from Canada over Ebola
- Teen sentenced for shooting at two synagogues in the Toronto area
- Canadian trips to the U.S. rise in October for a seventh straight month
- Canada's tallest indoor Christmas tree lights up Toronto, with snow shows and free events through January
- Toronto hospital network declares Code Grey after Microsoft outage