This payment used to be called the climate action incentive payment. In February, it was changed into the Canada Carbon Rebate. The payment amounts also went up. It might take up to 10 business days for your payment to come if you filed before March 15th. If you still haven’t got it, please call CRA at that time.
The CCR is a tax-free benefit given every three months to eligible Canadians to help them deal with the financial effects of government pollution pricing. People who were eligible got their most recent Canada Carbon Rebate (formerly known as CAIP) payment on April 15.
As a result of this effort, payment amounts have been raised to help more people, especially those who live in Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador. BCCATC is the name of British Columbia’s own carbon tax rebate scheme.
Canada Carbon Rebate New Updates
To be eligible for the CCR, the following must be true at the start of the payment month:
- Having lived in Canada for the past month.
- The person must live in a CCR province on the first of the payment month.
- At least 19 years old in the month before the CRA payment, or younger than 19 if they have a spouse, common-law partner, or kid.
- To get extra money for kids, they have to be under 19 years old, live with you, and you have to be in charge of their care and education. The kids should have already signed up for the refund or the Canada Child Benefit or the GST/HST credit.
Also See:- B.C. $430 Rent Relief Benefit Announced
CCR Application Process
- Residents of Canada: No application is necessary; however, annual income tax filing is required. For households with spouses or common-law partners, the payment is issued to the one who files their taxes first. A supplement is available for residents of small and rural communities, claimable via the income tax return.
- New Residents of Canada: Must apply by submitting relevant forms to the tax centre, with specific forms for those with and without children.
Canada Carbon Rebate Amounts
Different provinces and family situations get different amounts of money from the CCR. It’s different from other government benefits because the amounts don’t change based on the family’s net income.
| Province | Individual | Spouse or Common-law Partner | Per Child under 19 | First Child in a Single-parent Family |
|---|---|---|---|---|
| Alberta | $225 | $112.50 | $56.25 | $112.50 |
| Saskatchewan | $188 | $94 | $47 | $94 |
| Manitoba | $150 | $75 | $37.50 | $75 |
| Ontario | $140 | $70 | $35 | $70 |
| New Brunswick | $95 | $47.50 | $23.75 | $47.50 |
| Nova Scotia | $103 | $51.50 | $25.75 | $51.50 |
| P.E.I. | $110 | $55 | $27.50 | $55 |
| Newfoundland and Labrador | $149 | $74.50 | $37.25 | $74.50 |
Canada Carbon Rebate Important Dates and Payment Receipt
This is a very important way for eligible Canadians to lower their costs related to the government pollution tax. Important details about when payments will be made and how they will be received include:
- Frequency: Quarterly payments.
- 2024 Specific Dates: April 15, July 15, October 15.
- Eligibility: Based on tax filings and residency status as of the beginning of the payment month.
- Direct Deposit: Preferred method, ensures payments are received on the payment date. Requires setup through CRA’s My Account.
- Cheque by Mail: Used if direct deposit is not set up, subject to postal delivery times.
- Tax Filing Deadline: To receive payments, taxes must be filed by March 15 for the April payment. Late filing can delay payments.
- Information Accuracy: Ensure banking and contact information with the CRA is current to avoid delays.
- Payment Label: This may vary by bank, and typically appears as “Canada Carbon Rebate”.