B.C. to ease rules for strata EV expenditures

More EV chargers coming to Canada’s multi-res properties

Tuesday, May 3, 2022

As part of the continuing goal to reduce pollution from the transportation sector, the Government of Canada announced plans to invest $899,000 toward the installation 188 Level 2 EV chargers at various Broadstreet Properties multi-unit residential buildings across Canada.

Funded through Natural Resources Canada’s Zero-Emission Vehicle Infrastructure Program, all chargers will be available to residents by November 30, 2022. Broadstreet Properties also contributed more than $993,000 to the project, bringing the total cost to approx. $1,893,000.

“With a commitment to becoming a more sustainable company, it’s important for us to stay up to date with current trends, opportunities and advances in technology,” said Kris D. Mailman, CEO, Broadstreet Properties and Seymour Pacific Developments. “We are excited about this opportunity to partner with the Government of Canada to build a greener, more eco-friendly rental experience for our tenants and to support the transition to a more sustainable future for all Canadians.”

Since 2015, Canada has invested $1 billion toward making electric vehicles more affordable and EV chargers more accessible. Budget 2022 proposes to invest an additional $1.7 billion to extend the government’s purchase incentive program until March 2025 and to expand the types of vehicle models eligible under the program, which would include more vans, trucks and SUVs.

“We’re making electric vehicles more affordable and charging more accessible where Canadians live, work and play,” said the Hon. Jonathan Wilkinson, Minister of Natural Resources. “Investing in more EV chargers, like the ones announced today, will put more Canadians in the driver’s seat on the road to a net-zero future and help achieve our climate goals.”

In support of the government’s objective of adding 50,000 ZEV chargers to Canada’s network, Budget 2022 also provides an additional $400 million to NRCan for deploying zero-emission vehicle infrastructure complemented by $500 million that Canada’s Infrastructure Bank will invest in large-scale ZEV charging and refuelling infrastructure that is revenue generating and in the public interest.

Additional quick facts:

  • Transportation accounts for 25 percent of total greenhouse gas emissions in Canada.
  • Investments in charging infrastructure made so far will result in more than 25,000 new chargers coast to coast.
  • To date, over 136,000 Canadians and Canadian businesses have taken advantage of the federal incentive to purchase a zero-emission vehicle.

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