Updated July 2026. Canada’s new Electric Vehicle Affordability Program (EVAP) opened for applications on February 16, 2026, offering up to $5,000 toward a new electric or fuel-cell vehicle and up to $2,500 for plug-in hybrids.
How Much You Can Get
- Battery electric (BEV) or fuel-cell (FCEV) vehicles: up to $5,000
- Plug-in hybrids (PHEV): up to $2,500
Eligibility Rules
The vehicle must be manufactured in Canada, or imported from a country with which Canada holds an active free trade agreement. For imported eligible vehicles, the final transaction price cannot exceed $50,000. Vehicles manufactured in Canada have no price cap at all — a deliberate incentive to support domestic auto manufacturing.
The Rebate Shrinks Over Time
The program runs from 2026 through 2030, but the incentive amount decreases on a set schedule. In 2027, for example, the rebate drops to $4,000 for BEVs/FCEVs and $2,000 for PHEVs. If you’re planning an EV purchase, buying sooner rather than later means a larger rebate.
Program Funding
The EVAP was funded with $2.275 billion over five years. As of June 1, 2026, roughly $2.13 billion remained available — meaning the program is not close to running out of funds yet, but eligibility and amounts are scheduled to shrink regardless of remaining budget.
What Newcomers Should Know
There’s no citizenship or permanent residence requirement to receive this rebate — it applies to the vehicle purchase itself, so temporary residents buying an eligible new vehicle in Canada can generally apply too, provided they meet the standard purchase and registration requirements.
For official, up-to-date details, see the CRA.
Related Reading
- New Quebec Social Assistance Payments Coming March 31
- Maximum Employment Insurance (EI) Benefit in Canada for 2026
- New Canada Fixed Mortgage Rates Increase As Renewal Costs Climb In April 2026
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