Small Businesses Scrambling as Canada Carbon Tax Looms

Canada will add a new tax on fossil fuels April 1 and many businesses say they have been left in the dark on how it will work and that they could face fines if they make a mistake.

Small and medium-size companies are still waiting for critical details on the C$20 ($15) per metric ton of carbon dioxide equivalent fuel charge. This includes information on exemptions, how to register for collecting the charge, and how revenues will be returned to companies through a fund promised by the federal government, Dan Kelly, president, chief executive officer, and ...