Your bank account might be looking a little bare thanks to holiday shopping, but it will look a little fuller in the New Year, with Albertans receiving a fresh round of the Canada Carbon Rebate in January.
The Canada Carbon Rebate (CCR), formerly the Climate Action Incentive payment, is a tax-free amount paid to help individuals and families offset the cost of federal pollution pricing.
Under the federal pollution pricing system, the government puts a price on pollution in regions that do not have their own pricing system, which includes Alberta, Saskatchewan, Manitoba, Nova Scotia, New Brunswick, Newfoundland and Labrador, and Ontario.
The Alberta program will provide the following rebate amount to people on January 15:
- $225 for an individual
- $112.50 for a spouse or common-law partner
- $56.25 per child under 18
The rural supplement in Alberta is:
- $45 for an individual
- $22.50 for a spouse or common-law partner
- $11.25 per eligible child under the age of 19
- $22.50 for the first eligible child in a single-parent family
The rural supplement is 20% of the base amount.
Albertans last received a CCR on October 15. The next payment after January 15, 2025, is expected on April 15.