Are there any incentives or grants to assist in the purchase of an environmentally friendly vehicle?
The ecoAUTO Rebate Program encourages consumers to buy or lease more fuel-efficient vehicles by offering rebates from $1,000 to $2,000 on vehicles acquired between March 20, 2007 and December 31, 2009. All applications must be received by March 31, 2009. It should be noted that 2009 model vehicles are not eligible to receive a rebate under this program. As well, the federal government has introduced an Excise Tax on Fuel Inefficient Cars (Green Levy) as a further incentive designed to promote the purchase of fuel-efficient vehicles in Canada. The excise tax is payable by the automobile manufacturer or importer at the time the vehicle is delivered to a dealer, and applies to certain new automobiles such as station wagons, vans and sports utility vehicles. Link to Excise Tax on Fuel Inefficient Cars: http://www.cra-arc.gc.ca/agency/budget/2007/excise-e.
