The CRA has published the payment rates for the Canada Carbon Rebate for Small Businesses. These rates will help businesses understand the financial benefits they can expect from this program. We are also introducing a new online tool that allows businesses to estimate their rebate amount based on their specific circumstances.
The CRA plans to issue the rebate to eligible CCPCs that filed their 2023 tax return no later than July 15, 2024, by the end of the calendar year. Most businesses should receive their payment by:
December 16, 2024, if registered for direct deposit; or,
December 31, 2024, if receiving a payment by cheque.
Click here to learn more
Information source from Canada Revenue Agency (CRA)
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