Ottawa to force banks to identify carbon rebate by name in direct deposits

Canadian banks that refuse to identify the carbon rebate by name when doing direct deposits are forcing the government to change the law to make them do it, says Environment Minister Steven Guilbeault.Guilbeault is taking the stand after Tuesday’s federal budget promised to amend the Financial Administration Act so government payments accepted for deposit at Canadian banks will carry whatever title the government wants.“The fact that they haven’t been doing it now for many years led us to take this position,” Guilbeault said.