Tax breaks expected for green cars
OTTAWA -- Industry analysts say the Conservative government is on the right track with new tax incentives expected for fuel-efficient vehicles in Monday's budget Prime Minister Stephen Harper announced this winter that the government would soon take steps to make environmentally friendly vehicles more affordable, as part of an agenda to promote action on climate change and cleaner air.
Advanced technology vehicles such as hybrids, which run on combined power from gasoline and a rechargeable battery, are much more efficient than conventional cars, but they often have a price tag that is several thousand dollars more expensive.
"It would certainly be useful to have some sort of incentive to help bridge the gap between that type of a vehicle and a normal vehicle on the road," said David Adams, president of the Association of International Automobile Manufacturers of Canada.
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