
Canada Carbon Rebate for Small Businesses: What You Need to Know
Announced in Budget 2024, the Canada Carbon Rebate for Small Businesses is a refundable tax credit to return…
Inflation has driven up the costs of everything in a restaurant operation, making it nearly impossible to recover from pandemic debt and run a profitable food service establishment. Governments at all levels continue to raise taxes and fees and increase red tape. At Restaurants Canada we are advocating for governments to lower the cost of doing business and help operators continue to serve our communities.
The restaurant industry is labour intensive and the fourth largest private sector employer in Canada. Lowering payroll taxes, like EI and CPP, will have a disproportionately positive impact on restaurants than other industries. The federal government has reduced premiums before to help small and medium-sized businesses. Reducing premiums makes even more sense today.
Restaurants Canada is advocating for greater discounts and encouraging more provinces to move to wholesale pricing for our industry, following successes in Ontario, Atlantic Canada and other regions. Given the challenges of the industry, increasing discounts is an easy way for provincial governments to help.
Restaurants Canada is urging the federal government to permanently eliminate the automatic alcohol excise tax escalator to help restaurants manage costs and protect affordability for consumers.
Announced in Budget 2024, the Canada Carbon Rebate for Small Businesses is a refundable tax credit to return…
Restaurants Canada is pleased with today’s announcement that Canada will lift its retaliatory tariffs on U.S. food products….