Carbon Tax Rebates Paid Out Today: How Much You’ll Receive

The first payment of the year from Ottawa’s carbon pricing rebate program is on the way for many Canadians, although the amount received will vary by province. Canadians in Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, P.E.I, and Newfoundland and Labrador will receive a rebate via direct deposit or cheque beginning Jan. 15, if their income tax and benefit returns have been filed. The payment marks the first rebate of 2024 from the federal government’s Climate Action Incentive Payment (CAIP) program. The rebate, which is sent out quarterly, applies solely to the provinces where the federal fuel charge is collected. British Columbia, Quebec, the Northwest Territories, Nunavut, and the Yukon are not included because they collect their own fuel tax....