Vehicle Efficiency Initiative

The Vehicle Efficiency Incentive (VEI) was introduced in the 2007 Canadian federal government budget, aimed at promoting fuel-efficient vehicles. The VEI took effect on March 20, 2007, and it included a performance-based rebate program offering up to $2,000 for the purchase of a new fuel-efficient vehicle, a neutral treatment of a broad range of vehicles with average fuel efficiency that were widely purchased by Canadians, and a new Green Levy on fuel-inefficient vehicles.

Source: Wikipedia — Vehicle Efficiency Initiative (CC BY-SA 4.0)

Vehicle Efficiency Initiative

The Vehicle Efficiency Incentive (VEI) was introduced in the 2007 Canadian federal government budget, aimed at promoting fuel-efficient vehicles. The VEI took effect on March 20, 2007, and it included a performance-based rebate program offering up to $2,000 for the purchase of a new fuel-efficient vehicle, a neutral treatment of a broad range of vehicles with average fuel efficiency that were widely purchased by Canadians, and a new Green Levy on fuel-inefficient vehicles.

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Source: Wikipedia "Vehicle Efficiency Initiative" · CC BY-SA 4.0

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