In a February 22, 2024 press release from the Canadian Federation of Independent Business.
”Ottawa’s decision to cut the share of carbon tax revenues allocated to small business — while it has yet to return anything — is deeply insulting says the CFIB.”
”New documents published by the federal government last Friday reveal that Ottawa is reducing the amount of carbon tax revenue it plans to rebate to small and medium-sized businesses from 9% to 5% starting in 2024. Meanwhile, the amount allocated for consumers and Indigenous governments will increase to 93% and 2% respectively.”
“While consumers are getting more in rebates, small businesses just keep getting the short end of the stick”, Kelly said. “This is unacceptable and a slap in the face to all small firms, especially as CFIB estimates small and medium sized businesses actually pay 40% of carbon tax revenue.”
Looks to me like if businesses are paying 40% of the revenue but getting nothing back($2.5 billion in SME rebates sitting on books in Ottawa since 2019, not yet payed) that the whole carbon tax program needs to be audited. If as Trudeau claims 80% get back more than they pay is he doing this on the back of business? Or if 80% of consumers get their money back but small business gets nothing where is all the money going?! The media don’t seem to cover this, is this because of pro carbon tax media bias?!
”Ottawa’s decision to cut the share of carbon tax revenues allocated to small business — while it has yet to return anything — is deeply insulting says the CFIB.”
”New documents published by the federal government last Friday reveal that Ottawa is reducing the amount of carbon tax revenue it plans to rebate to small and medium-sized businesses from 9% to 5% starting in 2024. Meanwhile, the amount allocated for consumers and Indigenous governments will increase to 93% and 2% respectively.”
“While consumers are getting more in rebates, small businesses just keep getting the short end of the stick”, Kelly said. “This is unacceptable and a slap in the face to all small firms, especially as CFIB estimates small and medium sized businesses actually pay 40% of carbon tax revenue.”
Looks to me like if businesses are paying 40% of the revenue but getting nothing back($2.5 billion in SME rebates sitting on books in Ottawa since 2019, not yet payed) that the whole carbon tax program needs to be audited. If as Trudeau claims 80% get back more than they pay is he doing this on the back of business? Or if 80% of consumers get their money back but small business gets nothing where is all the money going?! The media don’t seem to cover this, is this because of pro carbon tax media bias?!
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