Feds Rebrand Carbon Tax Rebate Program

Published on February 15, 2024

The federal government has announced the rebranding of the carbon tax rebate system without any new policy changes. “Earlier today, the minister of finance released the amounts that households will be getting back every three months through what is now officially called the Canada Carbon Rebate,” Labour Minister Seamus O’Regan told reporters in Ottawa Feb. 14. “As tax season kicks in, Canadians should know that they are getting this money in their bank account every three months,” he added. The Canada Carbon Rebate, formerly the Climate Action Incentive Payment, redistributes proceeds from the fuel charge to Canadians every three months via direct deposit or cheque, according to a government release. The government returns all direct proceeds to the province where they originated....