SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
March 5, 2024 09:00AM
  • Mar/5/24 11:30:00 a.m.

Good morning. My question is for the Associate Minister of Small Business. Mr. Speaker, small businesses are the backbone of Ontario’s economy, employing millions of people across many sectors. Unfortunately, I’ve heard repeatedly from business owners in my riding that they’re facing ongoing challenges from rising costs due to the federal carbon tax. They were disappointed, to say the least, in the federal government’s decision to cut the carbon tax rebate for small businesses from 9% to 5%, effective this year.

Speaker, entrepreneurs need opportunity, not obstacles, to drive innovation and growth. While the Liberals and the NDP turn a blind eye to our job creators, our government is listening and looking out for them. Can the associate minister please share with this House what small businesses are telling her about the impact of the federal carbon tax?

Our government must continue to advocate for the small businesses across the province and ensure that they receive the support they need. Can the associate minister share with the House how the carbon tax is costing small businesses and consumers in Ontario?

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  • Mar/5/24 11:30:00 a.m.

I really do appreciate the question from the great member from Eglinton–Lawrence. Last week, I had the pleasure to talk to several chambers of commerce from across the province. However, I’ve heard the overwhelming frustration their members are feeling from last week’s changes to the federal carbon tax rebate still owed to our small businesses.

Small businesses from all of our ridings contribute significantly to carbon tax revenues but receive very small portions of it in rebates. Cutting the amount we return to businesses, as the federal government is now doing, will make the burden worse, especially given that they’re still owed billions of dollars from previous years of collections.

Speaker, whether it’s a rural bakery struggling with higher natural gas bills or an urban manufacturing shop dealing with diesel price hikes, business owners all agree this tax is unfair. Businesses need affordable energy so they can focus on retaining and creating local jobs. We’ll continue to stand up for the prosperity of small businesses across Ontario. It’s time the opposition did the same.

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