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Small, medium-size businesses to receive carbon rebates in December [Video]

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Starting A Business From Home

Owners of small- and medium-sized businesses will finally receive their long-awaited carbon pricing refunds before the end of this year, Finance Minister Chrystia Freeland announced on Tuesday.

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.

The amount received by a business will depend on the province it operates in and the number of workers it employs.

WATCH | Minister defends carbon pricing as Conservatives try to force federal electionMinister 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.

For example, a business in Ontario with 10 …

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