Canada has suspended Tesla rebate payments and barred the automaker from future EV incentives due to U.S. tariffs. Transport Minister Chrystia Freeland said the freeze will remain until claims are individually reviewed.
The Canadian government has taken a firm stance against Tesla, freezing approximately C$43 million ($30.11 million) in rebate payments and barring the electric vehicle manufacturer from future incentive programs. The decision comes as part of Canada’s response to newly imposed U.S. tariffs on Canadian goods, which Transport Minister Chrystia Freeland described as "illegitimate and illegal."
Freeland stated that the transport department will revise eligibility requirements for upcoming iZEV programs, ensuring that Tesla vehicles do not qualify as long as the U.S. tariffs remain in place. The government will also investigate each existing rebate claim before processing any payments.
Tesla has not yet responded to requests for comment regarding the policy shift. The move follows reports by the Toronto Star that Tesla dealerships in Canada, particularly in Quebec, filed a high volume of rebate claims in the final days of the program in January. One dealership alone reportedly accounted for nearly C$20 million in subsidies by documenting over 4,000 sales in a single weekend.
The rebate freeze also comes amid broader trade tensions between Canada and the U.S. U.S. President Donald Trump recently announced sweeping tariffs, including a 25% tax on most Canadian and Mexican goods, set to take effect in early April. Trump has also hinted at forthcoming automobile tariffs, although it remains unclear if all proposed levies will be enforced by the anticipated April 2 deadline.
Adding to the friction, some Canadian cities, including Toronto, have ceased offering financial incentives for Tesla vehicles used in taxi or ride-sharing services due to escalating trade disputes. Meanwhile, Tesla CEO Elon Musk, a known ally of Trump, has been actively involved in White House efforts to streamline federal government operations through the Department of Government Efficiency.
The rebate suspension and Tesla’s exclusion from future incentive programs underscore the growing impact of trade policies on the EV industry, with potential implications for both automakers and consumers in Canada.
At least 15 people have been killed after a rain-triggered landslide sent huge boulders crashing onto a private bus in India’s northern state of Him...
U.S. President Donald Trump has expressed his disappointment in his Russian counterpart Vladmir Putin with regards to the ongoing war in Ukraine....
Fred Ramsdell of Sonoma Biotherapeutics was hiking and "off grid" and so could not be reached by the Nobel Committee to let him know he had won the Pr...
Euro zone finance ministers are set to meet on Thursday to explore ways to boost the development of euro-denominated stablecoins, amid concerns that t...
The Taliban have once again reiterated their stance on the Bagram air base, stating that no one will be allowed to take control of it....
Tesla sales hit a record 497,099 vehicles in Q3 as buyers rushed before the U.S. tax credit expired according to reports. Despite the surge, experts warn the gains may not last amid rising competition.
Elon Musk has become the first person in history to amass a net worth close to $500 billion, driven by rising Tesla shares and soaring valuations of his other ventures.
Tesla’s European sales have plunged for an eighth straight month, with sharp declines in France, Denmark and Sweden highlighting growing competition, consumer backlash against Elon Musk, and the company’s ageing product line.
Tesla (TSLA.O) chief executive Elon Musk has said the company’s new six-seat Model Y, unveiled in China this week, may never be produced in the United States, citing the rise of self-driving technology.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
Euro zone finance ministers are set to meet on Thursday to explore ways to boost the development of euro-denominated stablecoins, amid concerns that the fast-growing market could remain dominated by the United States, a senior euro zone official said.
The currency swap agreement signed between the central banks of Türkiye and the United Arab Emirates (UAE) is set to strengthen Türkiye’s digital banking sector and attract fresh investment from the Gulf.
Shein is opening its first permanent physical stores in France, starting in Paris and expanding to five more cities. The fast-fashion giant aims to test brick-and-mortar retail in one of the world’s most influential fashion markets.
Tesla sales hit a record 497,099 vehicles in Q3 as buyers rushed before the U.S. tax credit expired according to reports. Despite the surge, experts warn the gains may not last amid rising competition.
American soybean farmers are struggling as China, once their largest buyer, shifts purchases to Argentina amid trade tensions and export incentives.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment