Canada Carbon Rebate October 2024: Amounts, Eligibility & Payment Dates

The Canada Carbon Rebate is a critical financial tool for Canadians to absorb some of the rising costs of pollution pricing as Canada nears becoming an environmentally friendly nation.

This rebate was formerly known as the Canada Climate Action Incentive Payment (CAIP) and offers tax-free payments to compensate for expenses incurred in paying the federal carbon tax.

Timely relief is provided through quarterly CCR payments to qualified individuals and households. Tuesday, October 15, 2024, is the last day for Canadians who are eligible for this benefit this year to receive it.

Canada Carbon Rebate October 2024

Lowering increasing energy and transportation costs and other costs associated with pollution pricing is the reason the CCR wants to cut these costs too. It helps cut household costs in provinces where the federal carbon tax applies with direct financial support.

Factors such as the resident’s province, household size and eligibility for a rural supplement determine the payment amounts. Given these things, Canadians are asked to confirm their eligibility for the payment as well as get a sense of how much their final installment for 2024 might cost them.

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Canada Carbon Rebate Amounts for 2024-25

The amount of CCR payments depends on a few main things, such as family structure and location. For example, if a single person lives in Ontario, they are eligible for a $140 rebate, and with a family of four, it’s $280. In Alberta, there are larger rebates: $225 for each single adult, $450 per couple or family with four members.

Quarterly Canada Carbon Rebate

Category	AB	MB	ON	SK	NB	NS	PEI*	NL
First Adult	$225	$150	$140	$188	$95	$103	$110	$149
Rural	$270	$180	$168	$225.60	$114	$123.60	$110	$178.80
Second Adult	$112.50	$75	$70	$94	$47.50	$51.50	$55	$74.50
Rural	$135	$90	$84	$112.80	$57	$61.80	$55	$89.40
Each Child	$56.25	$37.50	$35	$47	$23.75	$25.75	$27.50	$37.25
Rural	$67.50	$45	$42	$56.40	$28.50	$30.90	$27.50	$44.70
Family of 4	$450	$300	$280	$376	$190	$206	$220	$298
Rural	$540	$360	$336	$451.20	$228	$247.20	$220	$357.60

Annual Canada Carbon Rebate

Category	AB	MB	ON	SK	NB	NS	PEI*	NL
First Adult	$900	$600	$560	$752	$380	$412	$440	$596
Rural	$1,080	$720	$672	$902.40	$456	$494.40	$440	$715.20
Second Adult	$450	$300	$280	$376	$190	$206	$220	$298
Rural	$540	$360	$336	$451.20	$228	$247.20	$220	$357.60
Each Child	$225	$150	$140	$188	$95	$103	$110	$149
Rural	$270	$180	$168	$225.60	$114	$123.60	$110	$178.80
Family of 4	$1,800	$1,200	$1,120	$1,504	$760	$824	$880	$1,192
Rural	$2,160	$1,440	$1,344	$1,804.80	$912	$988.80	$880	$1,430.40

Eligibility for Canada Carbon Rebate

• The federal carbon tax is not refundable to all Canadians because only the provinces implementing it have access to the CCR.
• By 2024, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan will be eligible.
• Since these provinces have their own carbon pricing plans, people in other provinces — such as British Columbia and Quebec — aren’t benefits of the CCR.

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Additional Credits for Families

• They’re also not eligible for those benefits yet if they are younger Canadians who are married, in a common-law partnership, or parent children who live at home.
• To be eligible for the CCR, people must be 19 or more years of age in the month of payment.
• These requirements are here to ensure CCR rebate is given to the people who need it the most within these requirements.
• Children can also qualify for extra credits if the kids live with the main carer and are younger than 19 years of age.

Canada Carbon Rebate Program

• The CCR helps Canadians and their families manage the expenditures of the federal carbon tax through targeted financial support.
• Taken together, the Canada Carbon Rebate plays an important role in helping Canadians through the transition to a new reality of climate action in the country.
• In October 2024, eligible residents of these provinces will receive additional financial support to compensate for the effect of pollution pricing on the local economy.

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