Canadian hybrid tax incentive almost doubles - Page 2 - GreenHybrid

Katz6768 · #11 (**permalink**) 03-24-2006, 07:40 AM

Quote:

Originally Posted by Hondasucks

Well, fellow Canadians looking to take the hybrid plunge will be happy to know the new budget increased the tax rebate to $2000 or approx $1600 US (I think it was $1100 cnd before) Sorry, i dont have a link, i just heard it on the news from the new budget that was released today

I should have read Hondasucks' posting last night

I took delivery of my first HCH last night at 8pm and the new $2,000 Tax rebate applies for cars delivered after Yesterday.

Quote:

Doubling the Retail Sales Tax Rebate for Hybrid Electric Vehicles

The government is committed to further encouraging energy conservation in Ontario. Hybrid vehicles help conserve energy as they are more fuel efficient than comparable traditional models. Hybrids also provide a positive environmental benefit by reducing greenhouse gas emissions. The government currently refunds the eight per cent retail sales tax paid on an eligible hybrid electric vehicle, to a maximum of $1,000.

The government proposes to double the maximum retail sales tax rebate for qualifying hybrid electric vehicles from $1,000 to $2,000 for vehicles delivered to purchasers after March 23, 2006. The government also proposes to introduce a sunset date of March 31, 2012 for the rebate for hybrid electric vehicles, including the proposed enhancement. Prior to 2012, the government will consult with stakeholders on the effectiveness of this tax expenditure program. The maximum rebate for alternative fuel vehicles other than hybrid electric vehicles will remain unchanged.

Doubling the rebate would help to make fuel-efficient hybrid vehicles more attractive for Ontarians. This measure also supports the auto industry's efforts to improve vehicle technology and produce more fuel-efficient vehicles.

This is the link:
http://www.ontariobudget.ca/english/paperc.html

The good news is: THIS IS MY BEST CAR EVER !!!!!

MikeT · #12 (**permalink**) 03-29-2006, 09:48 PM

Bummer that other fuel-efficient non-hybrid cars like mine don't qualify for squat incentives. Still, when I drop the convertible top, all is right with the world, a pretty good consolation prize if you ask me........

bwilson4web · #13 (**permalink**) 03-30-2006, 01:22 AM

Quote:

Originally Posted by MikeT

Bummer that other fuel-efficient non-hybrid cars like mine don't qualify for squat incentives. Still, when I drop the convertible top, all is right with the world, a pretty good consolation prize if you ask me.

That is a nice looking little car and looks like the one Sen. Lott of Mississippi held up in 2001 as why he opposed increases in our CAFE, US car efficiency standards. He claimed that higher CAFE standards would replace all family SUVs and station wagons with cars like yours. Actually he held up a poster of an European version that was not for sale in the USA.

Seven months ago, Sen. Lott lost his house, wiped clean to the foundations, from Huricane Katrina as did his neighbors. The official huricane season begins in about three months. When Senator Lott spoke five years ago, gasoline was half the price it is today and we were not in Iraq. Today, the 3,000 killed in the 9/11 attacks have been joined by over 2,300 killed in Iraq and the number continues to grow. Over 17,000 US service men and women have been wounded and Senator Lott is busy reducing veterian's benefits to protect tax cuts for the wealthy. God has a sense of humor.

Bob Wilson

MikeT · #14 (**permalink**) 03-30-2006, 07:24 PM

Hi Bob, I saw that on US TV up here in Canada way back when, when the smart car came up on the screen, every Senator chuckled.....well..............my car does make people smile......

Too bad his house was drop-kicked in the hurricane, but as you say, there may be some sort of poetic justice at work.....