Small businesses in Canada have received less than 10 percent of the financial aid they were promised to help them offset the costs of the national price on carbon emissions.
The Liberals promised when their new carbon pricing policy was enacted in 2018 that seven percent of revenues would be returned to the small– and medium-sized businesses whose greenhouse gas emissions aren’t high enough to qualify for the industrial carbon pricing program.
The government’s annual reports on carbon pricing revenues show that between April 2019 and March 2022, Ottawa collected more than $12.8 billion from the carbon levy on fossil fuels paid by individuals, smaller businesses and non-profit organizations….