Updated: April 2025  |  bremo.io financial guides

Electric Vehicle Incentives in Canada 2025

Canada offers some of the most generous electric vehicle incentives in the world when federal and provincial programs are combined. A Canadian buyer in the right province can receive $100 or more in direct rebates toward an EV purchase or lease. This guide explains every current incentive, eligibility requirements, and how to maximize your savings.

Federal iZEV Rebate — Up to $5,000

The federal Incentives for Zero-Emission Vehicles (iZEV) program provides point-of-sale rebates on eligible new battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hydrogen fuel cell vehicles purchased or leased in Canada.

Current rebate amounts (as of 2025):

The rebate is applied at the point of purchase — no claim needed. The dealer handles it directly with the federal government. Eligible vehicles must have an MSRP under $55,000 for base trims (higher trims allowed up to $65,000 on some models).

MSRP Cap Note: Some popular vehicles like the Tesla Model Y (base) and various trims of the Chevrolet Equinox EV qualify. Higher-end trims of otherwise eligible models may not qualify if they exceed the price cap.

Provincial EV Incentives by Province (2025)

British Columbia — Up to $4,000

BC's CleanBC Go Electric rebate provides up to $4,000 for eligible BEVs and PHEVs through the CEIP (Clean Energy Incentive Program). Combined with the federal rebate, BC buyers can receive up to $9,000 off an eligible EV. BC also offers rebates for used EVs (up to $4,000) and EV charging equipment.

Quebec — Up to $7,000

Quebec has one of Canada's most generous provincial EV programs. Roulez vert provides up to $7,000 for new BEVs and up to $5,000 for new PHEVs. There's also a used EV rebate of up to $3,500. Combined with the federal iZEV, Quebec buyers can access up to $12,000 in total incentives.

Ontario — Limited Provincial Incentives

Ontario cancelled its provincial EV rebate program in 2018. As of 2025, Ontario residents rely solely on the federal iZEV rebate. Some municipalities offer incentives for EV charging installation at home. There have been discussions about reinstating provincial incentives but nothing confirmed as of this writing.

Alberta — No Provincial EV Rebate

Alberta does not currently offer a provincial EV rebate. Buyers rely on the federal iZEV program only. Alberta does have some municipal programs (City of Edmonton had pilot programs) and employer-based incentives. Watch for future provincial announcements.

Nova Scotia — Up to $3,000

Nova Scotia's Electrify NS program offers up to $3,000 toward eligible new EVs and PHEVs. The province also provides rebates for home charging equipment installation (up to $500 for eligible Level 2 chargers).

Prince Edward Island — Up to $5,000

PEI offers up to $5,000 for new EVs through the Electric Vehicle Rebate program. PEI is one of the most aggressive smaller provinces on EV adoption incentives relative to its size.

New Brunswick — Up to $2,500

New Brunswick offers a rebate of up to $2,500 for new eligible EVs purchased or leased in the province through the Electric Vehicle Rebate program.

Manitoba, Saskatchewan — Limited Programs

Both provinces have limited provincial EV incentive programs. Check with Manitoba Hydro and SaskPower for utility-specific rebates on charging equipment. Federal iZEV is the primary incentive available.

Home Charging Rebates in Canada

Installing a Level 2 home charger (240V, approximately $600–$1,500 installed) is essentially a requirement for daily EV ownership. Multiple rebates exist:

How to Claim EV Incentives in Canada

Federal iZEV rebates are applied at the dealership — you don't need to do anything separately. The dealer discounts the purchase price and recovers the rebate from the federal government. Provincial rebates vary: some are also dealer-applied, others require a separate application after purchase. Always confirm with the dealer and provincial program before signing.

EV Incentives for Leasing vs. Buying

Federal and most provincial incentives apply to both purchases and leases with a minimum lease term (typically 48 months for federal iZEV). Leasing an EV can combine the low monthly payment of a lease with upfront incentives — making the effective monthly cost very attractive for entry-level EVs.

Income Limits and Eligibility

The federal iZEV has no income cap — any Canadian buyer of an eligible vehicle qualifies. Some provincial programs (particularly in BC and Quebec) have income restrictions or are means-tested. Check the specific provincial program for eligibility requirements.

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