Carbon Tax Rebate 2024 – Check Dates and Payment Schedule

The carbon tax has been a point of discussion in Canada for years. With the increasing pressure to combat climate change, this tax has been steadily rising. But while it might feel like an added expense, the government offsets it by offering rebates. If you’re wondering what the carbon tax rebate looks like for 2024, when you can expect to receive it, and how much you’ll get, you’re in the right place.

Carbon Tax Overview

The carbon tax, also known as the fuel charge, is levied on the carbon content of fuels, targeting the provinces and territories of Canada. Its purpose is to incentivize individuals and businesses to reduce their carbon footprints. The minimum carbon tax, set at CA$65 per tonne of CO2 in 2023, will gradually increase to CA$170 per tonne by 2030.

To offset the financial burden, the Canadian Revenue Agency (CRA) offers the Carbon Tax Rebate. Eligible citizens in select provinces will receive this rebate in 2024, designed to help counterbalance the increased fuel costs due to federal pollution pricing.

Eligibility

If you live in Ontario, Alberta, Saskatchewan, or Manitoba, you are eligible for the carbon tax rebate. While these provinces are the primary focus, residents of other regions may also benefit through different rebate systems. This tax-free rebate is distributed in four equal payments throughout the year, helping families and individuals manage the costs associated with the carbon tax.

The rebate includes a basic amount for every qualifying individual or family and an additional supplement for those living in small or rural communities.

Payment Schedule

The Carbon Tax Rebate, officially called the Climate Action Incentive Payment (CAIP), is now distributed quarterly instead of annually. This change, implemented in July 2022, makes it easier for citizens to receive payments on a more regular basis.

For 2024, the payments are scheduled for:

• April 15th
• July 15th
• October 15th
• January 15th

If the 15th falls on a weekend or holiday, the payment will be made on the next business day. For example, the October 2024 payment will be disbursed on Monday, October 16th, since October 15th falls on a Sunday.

How Much Will You Get?

The rebate amount depends on your province and family situation. Below is a table showing the estimated CAIP amounts for 2022, which may be similar for 2024:

Province	Individual	Couple	Per child under 19	First child in 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: In some provinces, an additional 10% rural supplement applies for residents living in rural or small communities.

These payments are tax-free and not reduced based on your adjusted family income, so everyone eligible will receive the full amount.

Don’t Receive Your Payment

If you are eligible for the rebate but haven’t received your payment, be sure to wait at least ten days after the scheduled disbursement date. If your payment is still missing, you can contact the CRA at 1-888-863-8662 for issues related to benefit debt or 1-888-863-8657 for tax return debt. It’s essential to ensure your banking information and personal details are up-to-date to avoid delays.

Eligiblity

The eligibility criteria for the Carbon Tax Rebate are straightforward. You must:

• Be a resident of one of the qualifying provinces at the start of the month the payment is made.
• Be at least 19 years old by the month before the payment is issued.

However, if you’re under 19, you may still qualify if:

• You are married or have previously been married.
• You have a child and live with them, whether now or in the past.

These simple qualifications mean that most taxpayers in eligible provinces will receive the rebate.

The carbon tax rebate aims to ease the burden of rising carbon pricing, helping families manage the cost of living as Canada continues to combat climate change. While the tax increases over time, these quarterly rebates ensure that households can stay on track with their budgets.

FAQs