Highlights from the Quebec Budget

EV Rebate
Relaunch, effective April 1, 2025, of the provincial EV rebate program (Roulez vert), under the same parameters as at the beginning of the year (rebate for EVs up to $4,000; MSRP cap of $65,000).

Registration fees from luxury vehicles
Quebec updates its additional registration fees for luxury vehicles:

• • Previously, additional registration fees on luxury vehicles applied to the portion of the value above $40,000; this amount has been increased to $62,500.
  • Since 2018, BEVs, FCEVs and PHEVs were eligible for an exemption from these fees on the portion of their value between $40,000 and $75,000. This exemption will be withdrawn after December 31, 2026.

EV fees
Introduction, as of January 1, 2027, of an annual contribution for EVs, FCEVs and PHEVs to the Land Transportation Network Fund. The annual fee will be $125 for EVs and FCEVs, and $62.50 for PHEVs starting in 2027. Fees will be indexed annually.

Other incentives
Elimination of free access to toll bridges and ferries for EVs, effective April 1, 2027.

Charging
The rebate on residential chargers will be reinstated with the same parameters than January 1st 2025.

Éco-cammionage
no news.

Developing our critical and strategic minerals
$106.6 million over five years to adopt a new Quebec Plan for the Development of Critical and Strategic Minerals for the period 2025-2030.

Stimulating investment to boost productivity
The 2025-2026 budget confirms the government’s intention to harmonize with the federal government’s announcement when it comes into effect. By applying to both provincial and federal taxes, Quebec’s harmonization with the federal extension of accelerated capital cost allowance measures would enable businesses to benefit from a greater tax advantage, while avoiding complicating the tax system.

To this end, the 100% depreciation rate from the year of acquisition would be reinstated until 2029 for:

• manufacturing and processing machinery and equipment;
• clean energy production equipment;
• zero-emission vehicles.

In addition, all other types of investment not covered by the increase in the depreciation rate to 100% could be deducted up to three times the amount normally deducted in the first year. The extension of accelerated depreciation measures would be available to all 100,000 Quebec companies making investments.

Consult the full budget here: https://www.finances.gouv.qc.ca/Budget_and_update/budget/index.asp