Federal Carbon Tax announcement: How it impacts small businesses - Retail Council of Canada
Finance & Taxation | National | Sustainability

Federal Carbon Tax announcement: How it impacts small businesses

October 31, 2023

Last week, Prime Minister Justin Trudeau announced a three-year pause to the carbon price for heating oil for households and small businesses to help alleviate cost pressures, particularly for residents in rural communities. As of April 2024, the rural top-up rebate (Climate Action Incentive Payment) will also be increasing from 10 to 20 per cent of the baseline amount in addition to measures to help Canadians transition to electric heat pumps. These changes are expected to result in more money going to rural residents while supporting the transition to cleaner energy options.

For questions or more information contact

Kelsey Meyer
Senior Manager, Sustainability Programs
kmeyer@retailcouncil.org

Be heard. Save money. Stay informed.

Become a member
Cookie Settings