Canadian government cash for clunkers program

Cash for Clunkers caused a sales boost - but it still didn't bring the automotive market much past half the size it was just two years ago. What's more, some analysts wonder if Cash for Clunkers really created any new sales at all. It's possible that the program simply caused some people to buy cars earlier than they otherwise would have.

Jul 07, 2009 · Another hurdle facing a Canadian cash for clunkers program is a cash shortfall. The Canadian government has already pledged more than $14 billion to Chrysler and General Motors, leaving little in ...

The USA government introduced recently a program called Cash for Clunkers. Americans will be given credit towards a new car in exchange for their 1995 or older vehicle. The Canadian government has talked about it briefly in early July 2009. Canadians want this and the Canadian government needs to hear it for us. Aug 20, 2009 · Cash for Clunkers ending With money running out, $3 billion Cash for Clunkers program will end on Monday. The tally so far: 457,000 cars and $1.9 billion in rebates. General Motors GM Communications Detroit, Mich., USA ... Canadian and Ontario government loans in quarterly ... Following the expiration of the successful ‘Cash for Clunkers’ stimulus program ... Our 2020 electric vehicle program is here! In 2019 SCRAP-IT was able to offer residents of BC 1,500 incentives towards the purchase of new and used electric vehicles. This year we are offering 1,750 new EV incentives, and 250 used EV incentives to BC residents.

CASH FOR CLUNKERS: AN EVALUATION OF THE CAR ALLOWANCE REBATE SYSTEM 2 the year. The unemployment rate was 5.8 percent in July and continued to rise over the next year, reaching a peak of 10.0 ... Sep 16, 2009 · GM Canada to offer rebate cash for clunkers . ... The Canadian program paralleled a similar U.S. guarantee, which has also ended. ... The House has approved an additional $2 billion for government ... On June 24, 2009, President Obama signed into law the Car Allowance Rebate System (CARS, commonly known as 'Cash-For-Clunkers'), one of several stimulus programs whose purpose was to shift expenditures by households, businesses, and governments from future periods when the economy is likely to be stronger, to the present when the economy has an abundance of unemployed resources that can be put ... Apr 21, 2009 · While we’ve outlined the proposed federal cash for clunkers program and we’ve looked at several similar programs outside America, the fight against these programs should not stop there. In fact, there’s probably a greater threat of seeing one of these bills passed on the state level than there ...