Please read this post for comprehensive information on Canada Carbon Rebate Amounts for 2024-25: including details on rebates for the first and second adult, each child, and a family of four.
Table of Contents
Canada Carbon Rebate Amounts 2024-25
The Carbon Tax is a federal policy designed to put a price on carbon dioxide emissions in order to reduce greenhouse gas emissions and combat climate change. To offset the costs of carbon pricing, the Canadian government provides a quarterly Canada Carbon Rebate to Canadian households.
$1200 Stimulus Check 2024 |
$12000 Stimulus Checks 2024 |
Lump Sum Social Security Payment |
Minimum Social Security Benefit |
$4873 Social Security Payment |
In fact, eight out of ten families receive more in carbon tax rebates than they pay, effectively benefiting from the carbon pricing scheme. The Canada Carbon Rebate Amounts vary annually based on factors such as your family’s circumstances and the total revenue generated from the carbon tax.
For detailed information on Canada Carbon Rebate Amounts for 2024-25, please continue reading this article on our page.
What is Canada Carbon Rebate?
The main goal of the Federal Canada Carbon Rebate, also known as the Fed Climate Incentive Payment 2024, is to reimburse Canadian families and individuals for the costs incurred due to the federal carbon price scheme. This rebate helps offset the increased prices consumers face as a result of the federal carbon pricing.
The scheme encourages both businesses and consumers to opt for greener, more sustainable products by raising the cost of carbon-intensive goods. It ensures that the public funds generated from carbon pricing are fairly distributed, with particular attention to lower-income individuals who might be more affected by the higher costs.
Canada Carbon Rebate Amount Details
In 2024–2025, a family of four can receive up to $1,800 under the basic Canada Carbon Rebate in provinces where the federal fuel levy is in effect. The first of four quarterly payments for this rebate will be issued in April 2024, with subsequent payments in August, October, and January 2025.
Residents of small and rural communities are eligible for an additional 10% rural supplement, which will increase to 20% starting April 20, 2024. The Carbon Tax Rebate is typically paid on April 15, August 15, October 15, and January 15 each year. If these dates fall on a weekend or federal holiday, payments will be made on the last working day before the 15th.
Quarterly Canada carbon rebate amounts for 2024-25, as determined by the Minister of Finance.
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 |
* Because all inhabitants of Prince Edward Island are entitled for the 20% rural top-up, it is included in the base amount for PEI. |
Annual Canada Carbon Rebate Amounts for 2024-25
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 |
* Because all Prince Edward Island residents are entitled for the 20% rural top-up, it is included in the base amount for PEI. |
Average yearly net benefit from the Canada Carbon Rebate for 2024-25 per family.
AB | MB | ON | SK | NB | NS | PEI | NL | |
---|---|---|---|---|---|---|---|---|
Average cost impact per household1 of the federal system | $1,056 | $828 | $869 | $1,156 | $536 | $609 | $628 | $859 |
Average Canada Carbon Rebate per household2 | $1,779 | $1,193 | $1,124 | $1,505 | $719 | $766 | $801 | $1,162 |
Average Net Benefit | $723 | $365 | $255 | $349 | $183 | $157 | $173 | $303 |
First & Second Adult, Each Child, and Family of 4
The specifics of each province’s agreement with the federal government and the revenue collected from carbon emitters result in variations among their programs.
Province | First adult | Second adult | Each child | Family of 4 |
Alberta | $193 | $96.50 | $48.25 | $386 |
Manitoba | $132 | $66 | $33 | $264 |
Ontario | $122 | $61 | $30.50 | $244$30.50 |
Saskatchewan | $170 | $85 | $42.50 | $340 |
Nova Scotia | $124 | $62 | $31 | $248 |
Newfoundland and Labrador | $164 | $82 | $41 | $328 |
Prince Edward Island | $120 | $60 | $30 | $240 |
New Brunswick | $92 | $46 | $23 | $184 |
British Columbia | $447 | $223.5 | $111.50 |
Because the federal government does not collect gas taxes in Yukon, Nunavut, Quebec, and the Northwest Territories, these regions are not part of the CAIP. Each territory has implemented its own measures to ease the financial burden on residents. For instance, Yukon has committed to returning every nickel it receives from carbon fees to its population.
How to Get a Canada Carbon Rebate?
To obtain the Canada Carbon Rebate, Canadians must complete their annual tax return. Rural residents need to check the appropriate box on their tax return to qualify for the rural top-up. The Canada Carbon Rebate is deposited directly into the bank accounts of those who have signed up for direct deposit with the Canada Revenue Agency every three months; otherwise, a cheque will be mailed.
The rebate amount is granted to the individual who files their tax return first, regardless of marital status or common-law partnership. This rebate covers all household members, including children.
Australia Special Benefits July 2024 |
Waspi Ombudsman Payment Date 2024 |
1900 And 2400 Double Deposits |
Td1 Form 2024 |
Canada Public Pension Benefits 2024 |
The federal government is encouraging banking institutions to label the Canada Carbon Rebate direct payments that Canadians receive every three months consistently.
We are delighted that you’ve stayed with us to learn more about the Canada Carbon Rebate Amounts for 2024-25.