OTTAWA — Deputy Prime Minister and Finance Minister Chrystia Freeland says the Canada carbon rebate for small businesses will be tax-free.
In a statement posted to X late Tuesday, Freeland clarified the parameters of the program after an advocacy group for small business raised concerns that the rebate would be a taxable benefit.
In a letter to Freeland Nov. 6, the CFIB said it had initially been told by the Canada Revenue Agency the rebate would be tax-free, but was subsequently told by the Finance Department that the rebate was actually taxable. Freeland's office did not respond to requests Monday or Tuesday until a spokesperson sent a link to the minister's social media post just after it was posted Tuesday night.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chrystia Freeland says carbon rebate for small businesses will be tax-freeOTTAWA — Deputy Prime Minister and Finance Minister Chrystia Freeland says the Canada carbon rebate for small businesses will be tax-free.
Read more »
Chrystia Freeland says carbon rebate for small businesses will be tax-freeOTTAWA — Deputy Prime Minister and Finance Minister Chrystia Freeland says the Canada carbon rebate for small businesses will be tax-free.
Read more »
Chrystia Freeland says carbon rebate for small businesses will be tax-freeOTTAWA — Deputy Prime Minister and Finance Minister Chrystia Freeland says the Canada carbon rebate for small businesses will be tax-free.
Read more »
Chrystia Freeland says carbon rebate for small businesses will be tax-freeOTTAWA — Deputy Prime Minister and Finance Minister Chrystia Freeland says the Canada carbon rebate for small businesses will be tax-free.
Read more »
Chrystia Freeland says carbon rebate for small businesses will be tax-freeOTTAWA — Deputy Prime Minister and Finance Minister Chrystia Freeland says the Canada carbon rebate for small businesses will be tax-free.
Read more »
No, Pierre Poilievre and Chrystia Freeland are not promoting money-making schemes on FacebookSocial media posts use manipulated content and faked news articles to push dubious ways to get rich
Read more »