Federal Tax Credit: $ 15,000 per EV vehicle purchased!!!!On a yearly basis, 1.7 million cars are purchased.
30% of these vehicles could be EV or 510,000 per year.
A tax credit of $ 15,000 per EV car would cost $ 7.5 billion per year in tax credits.
The Federal government collects +/- $ 500 billion per year, so this tax credit represents 1.5% of their budget expense.
This tax credit would increse EV sales from 85,000 per year to 510,000 per year or almost 6x.
If Canada were serious, this solution would send EV SOARING.
Here is Canadian budget (see page 11 of 41):
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.canada.ca/content/dam/fin/publications/afr-rfa/2023/afr-rfa-2022-23-eng.pdf
Good Luck,