Quote:
Originally Posted by roger1818
According to this article, they are considering modifying the program to include more expensive electric trucks and SUVs (which currently wouldn’t be eligible). Finding the balance between including the most popular types of vehicles and not looking like they are subsidizing luxury vehicles is tough, and may explain why they haven’t announced it yet.
|
I expect a revamped program in the budget.
I wish governments would use declining rebates to force buyers to commit and carmakers to get competitive. For example, they can set the the max rebate threshold at an MSRP of $75k and then drop the threshold by $5k per year. They can also up the rebate a bit higher to help out in provinces that don't haveb provincial rebates, but then have it diminish every year. For example, make the rebate $7k in 2022, and then go down by $1k per year.
Ultimately, what is needed is to close the gap in purchase price to make the purchase viable. As the number of models on the market increases, and competition goes up, they can and should reduce the subsidy. They need the policy to be dynamic.