The budget also imposes a "green levy" on new gas-guzzling passenger vehicles, excluding trucks.
A charge of $1,000 will be levied on Canadians who purchase new vehicles with fuel-efficiency ratings of between 13 and 14 litres per 100 kilometres. The levy will increase by $1,000 for each full litre above the 13-litre benchmark, to a maximum of $4,000.
"It is expected that this measure will increase federal revenues by $110 million in 2007-08 and $105 million in 2008-09," the budget reads.
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Following are a list of the rebates for various vehicles (fuel efficiency rating in brackets):
- Toyota Prius: $2,000 (4.1)
- Honda Civic Hybrid: $2,000 (4.5)
- Toyota Corolla: $1,000 (6.3)
- Mini Cooper M6: $1,000 (6.5)
- Ford Escape HEV 4x4: $2,000 (7.4)
- Saturn Vue Hybrid: $1,000 (7.9)
- Chevrolet Impala: $1,000 (12.3)