New Ontario tax credit system

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Vehicle age Draft credit Final credit
Purchase Year (PY)
2.8
2.143>
PY + 1 year
2.5
1.871
PY + 2 years
1.25
1.522
PY + 3 years
0.805
1.279
PY + 4 years
0.645
1.185

Source – The Ontario Trucking Association

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