Blacklock’s- Feds Freezing Electric Rebates
Cabinet gave no reason for the expiry of rebates under a program launched in 2019. Electric Mobility calculated some $71.8 million remains in the rebate program, enough for about 14,000 new buyers.
“This is the worst scenario possible,” CEO Breton said in an interview. “If they want to have sales targets that are more and more ambitious, it makes no sense to get rid of the rebates. To me it is about policy predictability. You cannot plan like this. It doesn’t work.”
Perhaps some Bond raters paid the lame duck cabinet a visit when the Spawn and Guilbeault were not present and one or two thought they might be re-electable.
Poor Mr. Breton!!
Another SOB that now must deal with a REAL WORLD. sarc is OFF! Maybe
“If they want to have sales targets that are more and more ambitious, it makes no sense to get rid of the rebates. To me it is about policy predictability. You cannot plan like this. It doesn’t work.”
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I missed the part on capitalism where the federal government sets sales targets for perceived private companies.
Finally. Something that may piss off a Liberal voter enough to make he/she/zhe/it stay home next election.
The perils of grifting. Change in attitudes, government or intelligence can make or break a grifter.
Just for the record. This isn’t unusual. New Jersey does something similar. They appropriate a certain amount for EV rebates. Usually, they run out of money for that account by April. Then, they don’t reappropriate until the following annual budget. So, if you purchase an EV after April, you are officially SOL.
is there $71.8 million there, or did it already disappear into another giverment slush fund never to be seen again.
I’m accepting Ottawa-area bookings for my new civil servant C&W tribute act, Rebate McIntyre.