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Canadian Businesses Are Under utilizing the Government's EV Tax Incentive


Canadian Businesses Are Under utilizing the Government's EV Tax Incentive by @darragh

Canadian dealerships have a golden opportunity: help small businesses save big on EVs through a government incentive that lets them deduct up to 75% of the purchase price. But this maximum deduction drops to 55% in 2026 - meaning a $50,000 EV purchase could mean $10,000 less in tax deductions by waiting. Learn how smart dealerships are using this time-sensitive opportunity to boost sales and build lasting customer relationships.

As the automotive industry pivots toward electric vehicles (EVs), Canadian dealerships are uniquely positioned to assist small businesses in navigating a lucrative but underutilized government tax incentive.

This program allows eligible businesses to deduct up to 75 percent of an EV’s purchase price as a taxable expense, offering a significant advantage over leasing. By educating small business customers and integrating this incentive into sales strategies, dealerships ...


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