Small Business Carbon Rebates
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big industrial carbon pricing systemtorontosun
•Business
Business & Economics
Long-awaited carbon rebate for businesses being sent earlier than promised
68% Informative
The federal government has promised to return about $2.5 billion collected from small and medium-sized businesses in carbon pricing since 2019 .
Small businesses had complained repeatedly they were paying a significant portion of carbon pricing collected by Ottawa but were getting nothing back because 90% of the revenues collected were returned in rebates to households.
Individual businesses will start receiving their rebate with the amount depending on which province they operate in.
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