Americas > Canada budget targets C$2.5 bln small business carbon rebates, CCfD expansion

Canada budget targets C$2.5 bln small business carbon rebates, CCfD expansion

Published 01:34 on April 17, 2024  /  Last updated at 01:34 on April 17, 2024  / Allison Gacad /  Americas, Canada, Carbon Taxes

Prime Minister Justin Trudeau’s 2024 budget, released Tuesday, sees an overdue reimbursement of C$2.5 billion ($1.8 bln) in carbon tax rebates to small businesses, delivery of prior announced investment tax credits by the end of 2024, and commits to exploring additional carbon contracts for difference (CCfDs).
Prime Minister Justin Trudeau’s 2024 budget, released Tuesday, sees an overdue reimbursement of C$2.5 billion ($1.8 bln) in carbon tax rebates to small businesses, delivery of prior announced investment tax credits by the end of 2024, and commits to exploring additional carbon contracts for difference (CCfDs).


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