The federal government is cutting the amount of money small- and medium-sized businesses will be given from carbon pricing revenues so it can increase the amount of money rebated to rural families.
That’s happening even as the government still owes businesses $2.5 billion in carbon pricing revenues from the first five years of the program.
Dan Kelly, the president of the Canadian Federation of Independent Business, says businesses were already getting far less back from carbon pricing than they pay, and this will make that even worse.