Less than 1 per cent of $22B in federal carbon tax revenues have been returned to small businesses; cost goes up again April 1
Toronto, March 22, 2023 – Despite collecting billions in carbon tax revenues, the federal government has returned less than 1% of the promised proceeds to small businesses, says the Canadian Federation of Independent Business (CFIB). On top of that, the government is proceeding with a carbon tax hike of 23% to $65 per tonne on April 1.
In a new snapshot, entitled Fueling Unfairness: Carbon Pricing and Small Businesses, CFIB is calling on the federal government to reconsider the federal carbon pricing backstop.
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