Canada Carbon Rebate 2024: What You Need to Know The Canada Carbon Rebate (CCR) is a tax-free financial assistance provided by the federal government to eligible Canadians to help offset the costs of the federal pollution price.
Let’s talk on the topic about CCR
- What is CCR?
- How to claim CCR?
- CCR eligibility criteria
- Payment dates in 2024
Alberta Residents to Receive Higher Canada Carbon Rebate in 2024 How to Claim
What is CCR?
The CCR is a federal supplement also known as a Climate Action Incentive Payment. It gives 8 out of 10 households back the money they spend on fuel bills.
What is the amount of CCR?
The amount of CCR depends on your residence, home condition and annual net gross income.
For individuals: $250 – $500
For couples with spouse/common-law partner: $375 – $750
For families: $500 – $1,000
How to claim CCR?
Meet federal eligibility criteria
File your income tax return electronically before March 15, 2024
Check your eligibility through the Canada Revenue Agency (CRA) portal
If you are eligible, CCR assistance will be deposited directly into your bank account.
CCR Eligibility Criteria:
You must live in a province that falls under the federal carbon price system.
You must be at least 19 years old.
You should be before payment of CRA.
You should file your income tax return.
Payment Dates in 2024:
- January 15, 2024
- April 15, 2024
- July 15, 2024
- 15 October, 2024