Small- and medium-sized businesses are set to receive billions of dollars in carbon price rebates long promised by the Liberal government.
The federal budget says five years of rebates worth $2.5 billion will be sent out as the Liberals continue to stand by their carbon pricing system despite political pressure.
More than 600,000 businesses can expect to receive the money as a refundable tax credit later this year as long as their 2023 tax return is filed by mid-July.