The Finance Department didn't confirm exactly how Canadian small businesses would be repaid
The Canadian government promised tax-free carbon rebates for small businesses but failed to pass legislation, resulting in taxed rebates. Over $2.5 billion was owed by 2024, with payments delayed. The government remains committed to tax-free rebates but hasn't clarified repayment methods. The Canadian Federation of Independent Business (CFIB) advocates for legislative action to ensure tax-free status and increased revenue allocation, expressing concerns about future government priorities and repayment processes.
