Carbon tax rebate

The federal government says Albertans will receive more in rebates than they pay in carbon taxes, the but Canadian Taxpayers Federation isn't convinced. READ ...

The carbon tax is currently $50 per tonne in Canada, and is scheduled to reach $170 per tonne by 2030. A family of four can expect to receive $539.50. Two more quarterly payments will be sent to Albertans in October and January. “Albertans are getting ripped off the worst in Canada when it comes to the carbon tax rebates,” said Kris Sims, the Alberta director of the CTF.

The cash is the first instalment of the climate action incentive payment (CAIP), a tax-free payment meant to offset the cost of Canada's carbon pollution ...

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Eligible residents can expect to first instalment of federal government's Climate Action Incentive Payment on Friday.

If you have a spouse or common-law partner, the person whose tax return was assessed first will receive the total credit for the family. The CRA will have determined eligibility from when individuals filed their 2021 income taxes. Ontario spouses, common-law partners, and first children in single-parent families can expect to receive $93 on Friday, another payment of $46.50 in October 2022, then $46.50 in January next year, for a total annual rebate amount of $186. Anyone under 19 living with their parents in Ontario can expect $46.50 on Friday, another payment of $23.25 in October, $23.25 in January 2023, for a total annual rebate credit of $93. On Friday, eligible individuals 19 or older in Ontario should receive $186.50. They’ll receive another payment of $93.25 in October 2022, and again in January 2023 with a total annual rebate amount of $373. To be eligible, you must be a resident of Alberta, Saskatchewan, Manitoba or Ontario on the first day of the payment month and the last day of the previous month.