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Purchase incentives for new plug-in electric vehicles were established in Ontario, and consisted of a rebate between CA$5,000 (4 kWh battery) to $8,500 (17 kWh or more), depending on battery size, for purchasing or leasing a new PEV after July 1, 2010.
Federal financing for small businesses in Canada is facilitated via a number of programs and agencies. Financing is available in the form of grants (sometimes called "non-repayable contributions"), loans , loan guarantees , income support and subsidized hiring and/or training programs.
The U.S. Energy Policy Act of 2005 established a federal income tax credit of up to $3,400 for the purchase of new hybrid vehicles, purchased or placed into service after December 31, 2005. [ 4 ] [ 5 ] Vehicles purchased after December 31, 2010 are not eligible for this credit.
The incentives include direct subsidies for the acquisition of new electric cars for up to 25% of the purchase price, before tax, to a maximum of €6,000 per vehicle (US$8,600), and 25% of the gross purchase price of other electric vehicles such as buses and vans, with a maximum of €15,000 or €30,000, depending on the range and type of ...
EV incentives restrict qualifying vehicles to American-made electric vehicles or plug-ins with MSRPs of up to $80,000 for SUVs and light duty trucks and $55,000 for smaller cars and sedans.
The federal taxes go into general coffers and help to fund a range of programs: $2 billion of the approximately $5 billion collected from federal excise taxes goes into the now permanent annual Gas Tax Fund for municipal infrastructure.
The Federal Economic Development Agency for Northern Ontario (FedNor) is a Regional Development Agency whose mission is to address the economic development, diversification and job creation in Northern Ontario. This is a federal administrative region that extends not only south of the French and Mattawa Rivers, but all the way to Muskoka which ...
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