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More details are starting to emerge:
http://www.mto.gov.on.ca/english/vehicles/electric/modernized-evip-faq.shtml
• increase the current incentive range for electric vehicles from $5,000 - $8,500 to $6,000 - $10,000
• provide incentives linked to battery capacity ranging from 5 to 16 kilowatt-hours
• provide an opportunity to receive an additional $3,000 incentive for vehicles with a battery larger than 16 kilowatt-hours
• provide an additional $1,000 for vehicles with five or more seats
• cap incentives for vehicles priced from $75,000 to $150,000 at $3,000
• vehicles with MSRP over $150,000 not eligible
http://www.mto.gov.on.ca/english/vehicles/electric/electric-vehicle-rebate.shtml
The Volt qualifies for a rebate of $11,877
http://www.mto.gov.on.ca/english/vehicles/electric/modernized-evip-faq.shtml
• increase the current incentive range for electric vehicles from $5,000 - $8,500 to $6,000 - $10,000
• provide incentives linked to battery capacity ranging from 5 to 16 kilowatt-hours
• provide an opportunity to receive an additional $3,000 incentive for vehicles with a battery larger than 16 kilowatt-hours
• provide an additional $1,000 for vehicles with five or more seats
• cap incentives for vehicles priced from $75,000 to $150,000 at $3,000
• vehicles with MSRP over $150,000 not eligible
http://www.mto.gov.on.ca/english/vehicles/electric/electric-vehicle-rebate.shtml
The Volt qualifies for a rebate of $11,877