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Monday, March 17, 2025

Toronto slashes Tesla incentives as US trade war simmers

 Olivia Chow, Toronto mayor

"We are giving incentives for people to migrate into electric cars. Except, we will stop giving incentives, financial incentives to buy Tesla. So that a decision has been made in there. Then there are other electric cars. They’re around. And as to how long it might take, we would like to reduce our greenhouse gas emissions our carbon footprint as quickly as possible. But we can always look at whether the deadline extends or not. We have certainly said if you want to buy Tesla go ahead, but don't count on taxpayer money to subsidize it."

"U.S.-based suppliers will no longer be able to bid on city contracts. Businesses that have been most impacted by U.S. tariffs must be supported and workers will be hurt."

The city is promoting the adoption of electric vehicles purchased as vehicles for hire by giving drivers and owners a reduction in licensing fees and renewal fees until the end of 2029, to help it lower emissions.

But as of March 1, Tesla vehicles are no longer eligible for the incentives, Chow said at a news conference.

The exclusion will continue until trade issues with the U.S. are resolved, she said.

https://www.yahoo.com/news/toronto-slashes-tesla-incentives-us-003757973.html

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