Ottawa to return $623 million to small businesses in rebate payments

A person pumps gas at a gas station in Mississauga, Ont., Tuesday, February 13, 2024. THE CANADIAN PRESS/Christopher Katsarov

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OTTAWA - More than 600,000 small businesses will share $623 million in carbon price rebate payments before the end of the year, the final payment they will receive following the end of the consumer carbon price last spring.

The payments are the second rebates issued to businesses under the carbon pricing program, after an initial plan to return the revenues through energy efficiency retrofit programs fell flat.

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