Small businesses will get 5 years’ worth of carbon price rebates in December – National
Finance Minister Chrystia Freeland says owners of small and medium-sized businesses will finally receive their long-awaited carbon pricing refunds before the end of this year.
The Finance Department says the federal government will send more than $2.5 billion to about 600,000 Canadian businesses in December.
The payments will return a portion of the carbon price revenue from 2019-20 through 2023-24 to small businesses in jurisdictions where the federal fuel charge applies.