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Government Provides Incentive Program for Zero-Emission Vehicles (ZEV)
The Minister of Transport, the Honourable Marc Garneau, announced in the 2019 federal budget how government investment would make it easier for Canadians to choose a zero-emission vehicle. A zero-emission vehicle, or ZEV, is a vehicle that has the potential to produce no direct tailpipe emissions. The government is not only providing support to expand the network of zero-emission vehicle charging and refuelling stations, it is also creating new incentives for people and businesses to purchase zero-emission vehicles. The government will provide between $2,500 and $5,000 to
consumers who purchase a ZEV.
For Critical Thinking
Overall, does it appear that the incentive provided to purchase a ZEV arises from the application of centralized command and control, the price system, or a mix of the two? Clearly explain your reasoning.
This document contains various important questions and their appropriate answers in the subject field of Economics.
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