Car Loan Glossary ev

Is the federal iZEV rebate available right now?

As of September 10, 2025, the federal iZEV (Incentives for Zero-Emission Vehicles) program is indeed paused, meaning new applications for the rebate are not currently being accepted. This pause typically occurs when allocated funding has been fully subscribed or while the program undergoes a comprehensive review for potential adjustments or a re-launch. While the federal incentive is unavailable, it is crucial for prospective buyers of zero-emission vehicles in Canada to understand that several provinces and territories continue to offer their own distinct provincial-level rebates and incentives. These provincial programs vary significantly by jurisdiction in terms of eligibility criteria, vehicle types, and rebate amounts, making it essential for consumers to research what is available in their specific region. For consumers, this means that while direct federal financial support for new EV purchases is temporarily on hold, it does not necessarily preclude all rebate opportunities. It underscores the importance of a comprehensive financial assessment that considers provincial incentives, potential future federal announcements, and the total cost of ownership when making a ZEV purchase decision in the current Canadian market.

References:

Related Topics: ev rebates

Need more help?

Explore our full glossary or get in touch with our financing experts.

Top