The Carbon Tax, also known as the Fuel Charge in Canada, is applied as either a regulatory fee or a tax on the carbon content of fuels at the provincial, territorial, or federal level. As of 2023, the minimum tax is set at CA$65 per metric ton of CO2 equivalent and will rise to CA$170 by 2030. To help ease the burden on the residents of New Brunswick, Ontario, Alberta, Saskatchewan, and Manitoba, the Canadian Revenue Agency will soon issue the Carbon Tax Rebate 2024.
If you reside in any of these provinces, you’re eligible to receive the Carbon Tax Rebate, which is distributed in four equal installments. This tax-free amount is intended to offset the costs associated with federal pollution pricing and consists of a basic amount plus an additional sum for residents of small and rural communities.
Carbon Tax Rebate 2024
| Carbon Tax Rebate 2024 | – A tax on carbon in Canada, rising from CA$65/tonne in 2023 to CA$170 by 2030. – Rebate offered to residents in certain provinces to offset costs. |
| Eligible Provinces | – New Brunswick, Ontario, Alberta, Saskatchewan, and Manitoba. – Four tax-free installments. |
| Payment Schedule 2024 | – Quarterly payments: April 15, July 15, October 15, January 15. – Direct deposit available; adjusted for tax debts. |
| Rebate Amounts | – Varies by province and family size. – Example: Ontario: $488/individual, $244/couple, $122/child. |
| Eligibility | – Must be a Canadian resident for income tax at payment start. – Age 19+, or meet certain conditions if under 19 (e.g., married, parent). |
| Cheque Dates | – Now quarterly tax-free payments as Climate Action Incentive Payment, starting July 2022. – Certain provinces received three payments in the first year, then quarterly. |
| Officials Website | canada.ca |
Carbon Tax Rebate Check Dates 2024
The Canadian government has revised the payment method for the carbon tax rebate, officially known as the Climate Action Incentive Payment (CAIP). Previously, eligible taxpayers claimed the rebate annually on their income tax returns, but as of July 2022, it’s distributed as quarterly tax-free payments.
Residents of Newfoundland and Labrador, Prince Edward Island, and Nova Scotia receive their federal fuel charge rebate in three equal installments for the first year, followed by four quarterly payments in subsequent years, starting July 1, 2023.
Carbon Tax Rebate Payments 2024
The rebate amount varies based on your family’s situation and location. While the Carbon Tax Rebate is universal and not subject to benefit deductions based on adjusted family income, the table below outlines the CAIP for the base year 2022.
| Province | Individual | Couple | Per child under 19 | First child in a single-parent family |
|---|---|---|---|---|
| Ontario | $488 | $244 | $122 | $244 |
| Alberta | $772 | $386 | $193 | $386 |
| Saskatchewan | $680 | $340 | $170 | $340 |
| Manitoba | $528 | $264 | $132 | $264 |
| Nova Scotia | $124 | $62 | $31 | $62 |
| New Brunswick | $92 | $46 | $23 | $46 |
| Newfoundland and Labrador | $164 | $82 | $41 | $82 |
| Prince Edward Island | $120 | $60 | $30 | $60 |
Note: The October payment for New Brunswick residents will cover both July to September 2023 and October to December 2023.
Residents in small and rural areas must answer the 2022 rural supplement question on their 2023 income tax and benefit return to receive a retroactive payment for the 2022 base year. A 10% rural supplement, not shown above for Nova Scotia, Newfoundland, and Labrador, will also be granted to rural residents in other provinces.
Carbon Tax Rebate Payment Dates
Eligible residents in the provinces mentioned will receive their Carbon Tax Rebate for 2024 in April, July, October, and January, typically on the 15th of each month. If the 15th falls on a Saturday, Sunday, or a federal holiday, payments will be made on the last business day before the 15th.
For example, since October 15th, 2024, is a Sunday, your CAIP payment will likely arrive on Monday if you’re eligible. If you’ve chosen direct deposit, the rebate will be sent directly to your bank account. However, if you owe tax debt to the Canada Revenue Agency, the rebate amount will be applied to your outstanding balance.
How Do I Check My Eligibility for the Carbon Tax Rebate?
Determining eligibility for the CAIP incentive is straightforward. You’re eligible if you’re a Canadian resident for income tax purposes at the beginning of the month when the CRA makes the payment and if you’re at least 19 years old before the CRA distributes the four installment payments. If you’re under 19, you must meet one of the following conditions:
- You are married or have been married previously.
- You are a parent or have been a parent and live with your child.
FAQs on Caron Tax Rebate
Payments are made quarterly on April 15, July 15, October 15, and January 15. If the 15th is on a weekend or holiday, payments are made the previous business day. Direct deposit is available.
The Carbon Tax Rebate, also known as the Climate Action Incentive Payment, is a tax-free rebate from the Canadian government to help offset carbon tax costs for residents of certain provinces.
To qualify, you must be a Canadian resident for income tax purposes at the start of the payment month, be at least 19 years old, or meet specific criteria if under 19, such as being married or having a child. Eligible provinces include New Brunswick, Ontario, Alberta, Saskatchewan, and Manitoba.
The rebate amount depends on your province and family size. For example, in Ontario, individuals receive $488, couples receive $244 each, and $122 per child under 19. These amounts can vary annually.
