WE WANT OUR MONEY BACK!

Fix the federal carbon tax before Newfoundland & Labrador gets hit!

The federal carbon tax is FAILING small- and medium-sized business. IT NEEDS TO BE FIXED before it is imposed in Newfoundland & Labrador.

CFIB estimates that $22 billion will have been collected by 2023 in provinces where the federal carbon tax was imposed.

Images shows dollar amounts from $0 to $22bn on a line (separated into $5bn segments) explaining that Ottawa has only returned $35 million or 0.16% to businesses of this $22 billion collected since 2019.
  • No program exists.
  • No tax is being returned.
The Globe and Mail article from April 1st "The delay in rolling out federal carbon grants is part of a larger pattern of lagging supports for small and medium-sized businesses" (Promised federal carbon grants to small- and medium-sized businesses are stuck in limbo)

Costs continue to go up, we NEED our money back!

Fuel and energy are the top cost constraints causing difficulties for small- and medium-sized business. Inflation continues to add pressure across the ledger.

With Newfoundland and Labrador business still holding an average of $95,313 in pandemic debt, the federal carbon tax collected needs to be returned and made available in a timely way to Newfoundland and Labrador businesses.

  • Ottawa can’t keep this tax.
  • Businesses need it to invest in their own carbon reduction initiatives.

SIGN THE PETITION

Minister Steven Guilbeault and
Premier Andrew Furey

I should not be expected to pay into an unequal system that provides households with more than they pay in a carbon tax, while my business is left waiting to receive its promised share.

Ottawa can’t keep this tax.

It needs to return it to Newfoundland & Labrador small- and medium-sized business owners in a timely manner, through programs or by reducing other taxes paid by businesses.

All I’m asking is that the Canadian and Newfoundland & Labrador Governments work together and make sure the new Carbon Tax is fair for my business by being revenue neutral like it is for households.

  • Fix the federal carbon tax backstop before it is introduced in Newfoundland & Labrador.
  • Make sure my business receives just as much in rebates as it pays in Carbon Tax.
  • Freeze the planned carbon backstop increases and temporarily reduce the federal fuel excise tax to provide some relief from inflationary pressures.