5 C
Ottawa
Wednesday, November 5, 2025

Ottawa to Make Carbon Rebates for Small Businesses Non-Taxable

Date:

Ottawa to Make Carbon Rebates for Small Businesses Non-Taxable

Finance Minister François-Philippe Champagne speaks to the media prior to the G7 Finance Ministers meeting in Banff, Alta., on May 20, 2025. The Canadian Press/Jeff McIntosh

The federal government has issued draft legislation ensuring all Canada Carbon Rebates for small businesses are given tax-free, meeting a promise previously given by the former finance minister.

Finance Minister François-Philippe Champagne introduced draft legislation on June 30 that would ensure payments received by corporations related to the fuel charge from 2019 to 2023 would not be included in income for tax purposes.

Share post:

Subscribe

Popular

More like this
Related

New Countries Joining EU by 2030 a Realistic Goal, EU Foreign Policy Chief Says

EU foreign policy chief Kaja Kallas addresses a press...

Driver Hits Pedestrians, Cyclists on French Island

French gendarmes work near the burnt car used by...

Paris Prosecutors Investigate TikTok Over Youth Suicide Content

The investigation follows a lawsuit against the company by...

US Sanctions North Korean Bankers, Institutions Over Money Laundering

US NewsNorth Korean cybercriminals have pilfered more than $3...