As of mid-July, Canadians can expect several payments from the Canada Revenue Agency (CRA), including the Canada Carbon Rebate.
With the soaring cost of living, many Canadians, especially low-income families, are seeking ways to manage inflation through additional work, cost-cutting, or extra government assistance.
Ensuring you qualify for all available government benefits and credits is crucial, as you might be eligible for amounts ranging from hundreds to thousands of dollars.
Here's a complete guide on the Canada Carbon Rebate and the amount you can expect to receive in the upcoming July payment.
What is the Canada Carbon Rebate?
According to the Canada Revenue Agency, the Canada Carbon Rebate is a tax-free sum designed to assist qualifying individuals and families in mitigating the expenses associated with federal pollution pricing.
It comprises a basic sum along with an additional supplement for inhabitants of small and rural areas.
Who is eligible for the Canada Carbon Rebate?
Per the CRA, you are eligible for the Canada Carbon Rebate if, at the beginning of the payment month, you meet the following conditions: you are a resident of Canada in the month before the payment, and a resident of an applicable CCR province (Alberta, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, or Saskatchewan) on the first day of the payment month.
Additionally, you must be at least 19 years old in the month before the CRA makes a payment, or if under 19, you must have/had a spouse or common-law partner or are or were a parent living with your child.
How much can you receive from the Canada Carbon Rebate?
Per the CRA, the Canada Child Benefit amounts vary according to family status and province. It's not affected by adjusted family net income. Residents in small or rural areas receive a 10% supplement, set to increase to 20% from April 2024 for the 2023 base year pending Royal Assent.
The amounts differ depending on which province you live in. Find the total amounts below:
Alberta
The base amount is:
- $225 for an individual
- $112.50 for a spouse or common-law partner
- $56.25 per child under 19
- $112.50 for the first child in a single-parent family
- $45 for an individual
- $22.50 for a spouse or common-law partner
- $11.25 per child under 19
- $22.50 for the first child in a single-parent family
Manitoba
The base amount is:
- $150 for an individual
- $75 for a spouse or common-law partner
- $37.50 per child under 19
- $75 for the first child in a single-parent family
- $30 for an individual
- $15 for a spouse or common-law partner
- $7.50 per child under 19
- $15 for the first child in a single-parent family
New Brunswick
The base amount for New Brunswick is:
- $95 for an individual
- $47.50 for a spouse or common-law partner
- $23.75 per child under 19
- $47.50 for the first child in a single-parent family
- $19 for an individual
- $9.50 for a spouse or common-law partner
- $4.75 per child under 19
- $9.50 for the first child in a single-parent family
Newfoundland and Labrador
The base amount is:- $149 for an individual
- $74.50 for a spouse or common-law partner
- $37.25 per child under 19
- $74.50 for the first child in a single-parent family
- $29.80 for an individual
- $14.90 for a spouse or common-law partner
- $7.45 per child under 19
- $14.90 for the first child in a single-parent family
Nova Scotia
The base amount is:
- $103 for an individual
- $51.50 for a spouse or common-law partner
- $25.75 per child under 19
- $51.50 for the first child in a single-parent family
- $20.60 for an individual
- $10.30 for a spouse or common-law partner
- $5.15 per child under 19
- $10.30 for the first child in a single-parent family
Ontario
The base amount is:
- $140 for an individual
- $70 for a spouse or common-law partner
- $35 per child under 19
- $70 for the first child in a single-parent family
The rural supplement is:
- $28 for an individual
- $14 for a spouse or common-law partner
- $7 per child under 19
- $14 for the first child in a single-parent family
Prince Edward Island
The base amount for is:
- $110 for an individual
- $55 for a spouse or common-law partner
- $27.50 per child under 19
- $55 for the first child in a single-parent family
The rural supplement is included in the above base amounts, as all residents are eligible.
Saskatchewan
The base amount for is:
- $188 for an individual
- $94 for a spouse or common-law partner
- $47 per child under 19
- $94 for the first child in a single-parent family
The rural supplement is:
- $37.60 for an individual
- $18.80 for a spouse or common-law partner
- $9.40 per child under 19
- $18.80 for the first child in a single-parent family
When is the Canada Carbon Rebate payment dates?Â
According to the Canada Revenue Agency, those entitled to receive the Canada Carbon Rebate can expect to receive payments on the 15th of April, July, October and January.
When the 15th falls on a Saturday, Sunday, or a federal statutory holiday, the payment will be made on the last business day before the 15th.
This article's cover image was used for illustrative purposes only.
