Small business to get rebates for some of the cost of energy efficiency projects

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 92%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Environment Minister Catherine McKenna said the final details of the plan are being worked out with business associations

Minister of Environment and Climate Change Catherine McKenna speaks to reporters during a press conference on the Climate Action Incentive at a Canadian Tire store in Ottawa on Mar. 4, 2019.The federal government’s plan to ease the carbon-price burden on small businesses will include rebate payments to cover some of the cost of making energy-efficiency upgrades.

The federal carbon price of $20 per tonne of carbon dioxide will start being charged April 1 on fossil-fuel inputs in Ontario, Manitoba, Saskatchewan and New Brunswick – the four provinces without an equivalent provincial carbon price. About 90 per cent of the money will go to individuals when they file their income taxes in the coming weeks.

Energy-efficiency rebates, she said, can also be quite complicated and have in the past required spending on an energy audit up front. Banks also don’t want to lend money for these projects, she said, making it hard to finance the work before getting the rebate.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What a load of crap. The majority plan is being paid by small business! It is like the Liberals rob you of everything then flip you a loonie for a bus to the nearest shelter. Who can trust a Liberal? CarbonTax cdnpoli snclavalinscandal

When business starts paying this Carbon Tax, do you think the price will go up on their goods and/or service?Ultimately the consumer pays...that's you and me (the tax payer). I tiny rebate at the end of the year won't matter when life just got exorbitantly more expensive 🤔

What about big business that funds all this shit and has to implement one thing after another....?

Oh please shut her up already ,oh that's right we're working on that 😂

Looks like there is some political climate change happening.

Freebies and hand outs starts. Put country in financial hole before October election. Its win win for liberal. Buy vote and win, or lose and leave next government with financial mess.

More vote buying? Gee must be an election year.

Thee was no tax paid in 2018! What rebate?

Not nearly enough at the moment. If the Liberals hand the election to the Conservatives I will never forgive them. Fix the mess and fix it now. JT step down and Ms Freeland should take over.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Going cashless: Small business owners face pressure to accept plasticThe number of cash-only companies is dwindling in Canada, but there are still some holdouts GlobeSmallBiz it's globohomo. imagine when they can just turn off your money GlobeSmallBiz There are some stores I won’t frequent because they don’t have Interact. I rarely carry more than 50 dollars in cash, and I don’t want to use my VISA. If you’re want customers to come to your shop, you should be bending over backwards to make things easier for them. GlobeSmallBiz It’s not pressure. It’s forcing them to pay their taxes because you can’t hide behind a cash based system. Taxis and corner stores benefited for years in not paying taxes
Source: globeandmail - 🏆 5. / 92 Read more »

Report on Small Business Newsletter: Even doctors are feeling squeezed by Vancouver rentsReport on Small Business Newsletter: Even doctors are feeling squeezed by Vancouver rents GlobeBusiness
Source: globeandmail - 🏆 5. / 92 Read more »

A flood of small business owners are ready to sell. Most are not preparedA majority of entrepreneurs put their businesses on the market long before they are ready, and few have formal succession plans GlobeSmallBiz TonyRobbins, in his business mastery class, explains the importance of having an exit strategy in your business. I haven't personally attended it but I just got one of his audio books that I believe covers this topic. Paramount for any business owner.
Source: globeandmail - 🏆 5. / 92 Read more »