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.
Rebate to be issued before end of the year, government says
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 Department of Finance 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.
Minister of Energy and Natural Resources Jonathan Wilkinson says Conservative Leader Pierre Poilievre ‘is not telling the truth’ about Canada’s climate policy. MPs began debating Poilievre’s non-confidence motion in the House of Commons Tuesday morning.
The amount received by a business will depend on the province it operates in and the number of workers it employs.
The federal government also has announced the final list of Chinese-made aluminum and steel products that will be subject to a 25 per cent tariff, which will come into effect on Oct. 22.
The 100 per cent tariff announced last month on Chinese-made electric vehicles came into effect today.
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