The Canadian Government has released some details surrounding the new Electric Vehicle Affordability Program (EVAP) which officially begins February 16, 2026. The list provides Canadians with their first look at which models qualify for incentives of up to $5,000, and as we suspected, the Tesla Model Y Rear-Wheel Drive (RWD) does not qualify, yet.
According to Transport Canada, the program was designed to accelerate EV adoption by focusing specifically on lower-cost vehicles, offering incentives of up to $5,000 for battery-electric and hydrogen fuel cell vehicles, and up to $2,500 for plug-in hybrid electric vehicles. Unlike the previous federal rebate program, EVAP does not rely on a strict MSRP cap. Instead, eligibility is determined by the vehicle’s final transaction value, which must be $50,000 or less for non-Canadian made EVs. Canadian-made EVs have no price cap.
According to Transport Canada, the program was designed to accelerate EV adoption by focusing specifically on lower-cost vehicles, offering incentives of up to $5,000 for battery-electric and hydrogen fuel cell vehicles, and up to $2,500 for plug-in hybrid electric vehicles. Unlike the previous federal rebate program, EVAP does not rely on a strict MSRP cap. Instead, eligibility is determined by the vehicle’s final transaction value, which must be $50,000 or less for non-Canadian made EVs. Canadian-made EVs have no price cap.
Statistics: Posted by bubbagumpshrimp2 — Feb 14th, 2026 1:42 pm
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