Ron McKinnon
Ron McKinnon
Member of Parliament for Coquitlam—Port Coquitlam
Budget 2022 –Analysis by Ron McKinnon, MP – What is in Budget 2022 for Green Tech?
April 22, 2022

What is in Budget 2022 for Green Technology and Electric Vehicles?

Making the Switch to Zero-Emission Vehicles More Affordable

To help make ZEVs more affordable for Canadians, the federal government has offered purchase incentives of up to $5,000 for eligible vehicles since 2019. The program has helped Canadians purchase or lease over 136,000 new ZEVs, but more support is needed to help Canadians get behind the wheel of zero-emission vehicles.

Building a National Network of Electric Vehicle Charging Stations

Since 2015, the federal government has helped build almost 1,500 charging stations across Canada. But, as more and more Canadians adopt zero-emission vehicles, we need to develop the charging infrastructure that drivers can rely on, no matter where they’re going.

Helping Businesses Switch to Medium- and Heavy-Duty Zero-Emission Vehicles

Businesses across Canada want to upgrade their fleets to be part of the solution to climate change. However, those upgrades can be expensive, and companies need to be confident that ZEVs can reliably transport their goods to market.

With these investments, the government is taking a significant step towards reducing pollution on our roads and is on track to meet its commitment to add 50,000 new ZEV chargers and hydrogen stations across Canada.

A New Tax Credit for Investments in Clean Technology

The expansion of clean technology will need to accelerate if Canada’s economy will reach net zero. Helping Canadian companies adopt clean technologies will create jobs, keep Canadian businesses competitive, and reduce Canada’s emissions at the same time.

To read the Budget 2022 speech or to review the budget documents, please visit: https://budget.gc.ca/

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