The Minister of Natural Resources, Jonathan Wilkinson, has made yet another announcement about new EV infrastructure funding. This time, it’s an $899,000 investment into Broadstreet Properties Ltd. to build 188 Level 2 EV charging stations in multi-family residential buildings across the country.
“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,” says Broadstreet Properties’ CEO, Kris D. Mailman. “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.”
Like the 50 new charging stations soon to be built in St. Catherines, Markham and Barrie, this project will be funded through Natural Resources Canada’s Zero-Emission Vehicle Infrastructure Program, and these chargers should be available to residents by November 30, 2022. Broadstreet Properties Ltd. invested more than $993,000, bringing the total project cost to more than $1,893,000.
The 2022 federal budget proposes an additional $1.7 billion investment extending 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,” says Jonathan Wilkinson. 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.”
