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carbon levy

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Environment
U.S. Pulls Out of UN Shipping Decarbonisation Talks Over Proposed Carbon Levy

by Adetoun Tade April 9, 2025

by Adetoun Tade April 9, 2025

The United States has withdrawn from ongoing negotiations in London aimed at advancing decarbonisation in the global shipping sector. Washington’s move comes as the UN’s International Maritime Organization (IMO) considers …
Environment
Small Businesses Face Tax on Carbon Rebates Amid Legislative Delays

by Olawunmi Sola-Otegbade February 19, 2025

by Olawunmi Sola-Otegbade February 19, 2025

The federal government has confirmed that small businesses will be taxed on their carbon rebates despite prior assurances of tax exemption. This is due to Parliament’s inability to pass the …
Business
Canada’s First Carbon Tax Rebate Payment of 2025 Arrives Tomorrow: What Canadians Can Expect

by Olawunmi Sola-Otegbade January 14, 2025

by Olawunmi Sola-Otegbade January 14, 2025

As the Canada Carbon Rebate payments are set to roll out this Wednesday, Canadians are set to receive quarterly rebates to offset the costs of the federal carbon levy. However, …

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