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From EV rebates to charging stations: here are 5 take-aways from Ottawa’s new EV plan

The federal government forecasts 840,000 new EVs with $2.3 billion in rebates and $1.5 billion for charging infrastructure to boost Canadian EV production and adoption.

  • Ottawa unveiled Thursday a plan to relaunch EV rebates on Feb. 16 with a $2.3 billion funding cap and support for charging infrastructure.
  • After the program was paused in January 2025, EV sales plunged to as low as 6.5 per cent in March and car dealers reported customers delayed purchases awaiting rebates.
  • The reintroduced rebates provide up to $5,000 and $2,500 for plug-in hybrids this year, with eligible vehicles costing less than $50,000 unless built in Canada, including about 23 models.
  • The government also introduced tax credits, including a `productivity super deduction`, and allocated $5 billion from its strategic response fund to support auto manufacturing.
  • Prime Minister Mark Carney said Canada will maintain counter tariffs on U.S. auto imports while the government forecasts 840,000 new EVs and plans a cap-and-trade credit system.
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Island Social Trends broke the news in on Thursday, February 5, 2026.
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