Alberta Residents to Receive Higher Canada Carbon Rebate in 2024 – Here’s How to Claim It What Is CCR? CCR can refer to several things, but in the context of Canada, it likely refers to the Canada Carbon Rebate. This is a rebate program that provides financial assistance to residents of participating provinces to help offset the cost of carbon pricing.
What is the Canada Carbon Rebate (CCR)?
The Canada Carbon Rebate is a program that puts a price on greenhouse gas emissions to reduce carbon pollution. This price is applied to fuels such as domestic energy, gasoline and diesel.
To help offset the financial burden of carbon pricing, the Government of Canada pays CCRs to residents of participating provinces.
CCR Eligibility Check
Not all residents of participating provinces will be eligible for the Canada Carbon Rebate. You can find information on the eligibility requirements on the website of the Canada Revenue Agency (CRA) https://www.canada.ca/en/revenue-agency.html.
Who gets CCR?
You are eligible for CCR if you:
Are 19 years of age or older
Live in a participating province
You have a valid Social Insurance Number (SIN).
You have a 2023 tax return filed
How much is CCR?
The CCR amount you receive depends on your province of residence and your filing status. The estimated CCR amount for 2024-25 is as follows:
Single person: $490
Couple: $980
Per child: $165
What to do to get CCR?
You do not need to apply for CCR. If you’re eligible, the CRA will automatically credit the CCR in four payments in 2024 based on your tax return.