The Canadian Federation of Independent Business (CFIB) has highlighted a significant delay in the distribution of carbon tax revenues by the federal government, with $2.5 billion accumulated since 2019 yet to be disbursed to small businesses in Ontario, Manitoba, Saskatchewan, and Alberta.
Although the government committed to refund 10 percent of carbon tax revenue to small businesses, farmers, and Indigenous communities, CFIB reports in a survey on carbon pricing that virtually none of it has been returned since the tax’s implementation. Additionally, there’s an anticipated increase in the carbon tax to $80 per tonne starting April 1.
