Quick answer
Yes. Canada's EV Affordability Program, launched February 16, 2026, offers up to $5,000 for battery-electric vehicles and $2,500 for plug-in hybrids in 2026, declining each year to 2030.1
The incentive
- Battery-electric vehicles: $5,000 in 2026, declining to $2,000 by 2030.1
- Plug-in hybrids: $2,500 in 2026, declining to $1,000 by 2030.1
- Start date: February 16, 2026, for a five-year program.1
Eligibility
Vehicles priced up to $50,000 from countries with free-trade agreements qualify, and there is no price cap for Canadian-made zero-emission vehicles.1
What replaced the EV sales mandate
The same February 5, 2026 announcement repealed the Electric Vehicle Availability Standard and replaced it with greenhouse gas emission standards targeting 75% electric vehicle sales by 2035 and 90% by 2040.1
At home: the vehicle incentive doesn't cover a home charger. Ask us about Level 2 installation and which price plan suits overnight charging.
Common follow-up questions
Does the federal EV incentive cover home chargers?
The program is a vehicle purchase incentive. Home chargers aren't part of it.
Is the incentive the same every year?
No. It declines each year from 2026 to 2030.
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Answers are general information as reported by the sources listed on the date shown, not personal financial or technical advice. Programs, prices and rules change. Canadian Energy Standard is an independent company, not affiliated with any government, utility or program named here.