Growing a cleaner, stronger economy and fighting climate change requires helping Canadians and businesses make the switch to electric vehicles that reduce our dependence on fossil fuels and cut greenhouse gas pollution.
Today, the Minister of Environment and Climate Change, the Honourable Steven Guilbeault, highlighted the Government's plan to invest $547.5 million over four years to launch a new purchase incentive program for medium- and heavy-duty zero-emission vehicles to help businesses upgrade their fleets.
Minister Guilbeault made the announcement at Motrec International Inc., a global company based in Canada that builds industrial electric vehicles. Minister Guilbeault was joined by the Minister of Agriculture and Agri-Food Canada, the Honourable Marie-Claude Bibeau; the Member of Parliament for Sherbrooke, Élisabeth Brière; and Blair McIntosh, President and CEO of Motrec.
Budget 2022 proposes a number of measures to reduce emissions from transportation by making zero-emission vehicles (ZEV) more affordable for Canadians and Canadian businesses:
- $1.7 billion to extend the Incentives for Zero-Emission Vehicles Program until March 2025 to help more Canadians get behind the wheel of zero-emission vehicles.
- A $500 million investment by the Canada Infrastructure Bank in large-scale urban and commercial ZEV charging and refuelling infrastructure.
- $400 million over five years, starting in 2022-23, to fund the deployment of ZEV charging infrastructure in suburban and remote communities through the Zero-Emission Vehicle Infrastructure Program (ZEVIP).
