The province
of Ontario, Canada, has enacted a new policy affording double tax-rebates for hybrid vehicles, effective last Friday.
Previously, the rebate was up to $1,000… now it is $2,000 maximum.
The main reason for the increase is the
province’s desire to maintain its leadership role in the automotive industry in Canada. Hybrids are considered
‘leading-edge’ technology, and Ontario hopes the new rebate will encourage automakers to continue developing the
technology.
A representative of Ford Motor Co. acknowledged the intent: “British Columbia and Prince
Edward Island also support the purchase of this leading-edge technology. Ford of Canada is encouraging other provinces
and the federal government to follow suit, so that all Canadians will have similar hybrid consumer incentives.”
[Source: CANOE]