CCR Increase 2024 – Canada Carbon Rebate Amount, Eligibility & Payment Date 

Canada Carbon Rebate (CCR), previously CAI, aids Canadians with pollution pricing costs. Rural supplement rises from 10% to 20% for small and rural community residents from April 2024.

CCR Increase 2024

The Canada Carbon Rebate (CCR), formerly known as the Climate Action Incentive (CAI) payment, is a program designed to help Canadians offset the cost of federal pollution pricing. 

The rural supplement amount is being increased from 10% to 20% of the base CCR amount. This change applies to residents of small and rural communities starting in April 2024.

The increase is pending Royal Assent. This means it’s been proposed by the government but needs final approval before becoming official. The 20% increase is for the 2023 base year, with payments typically issued in April 2024.

CCR Increase 2024 Eligibility

To be eligible for the Canada Carbon Rebate (CCR) in 2024:

  • Individuals must be at least 19 years old, or under 19 with a spouse, common-law partner, or child they live with.
  • Residents must be living in an applicable CCR province on the first day of the payment month and be a residents of Canada in the month before the payment.
  • You must live in a province that applies the federal fuel charge. This excludes Quebec and British Columbia, which have their own carbon pricing systems.
  • Children under 19 living with the individual and primarily cared for by them are also considered for the rebate, especially if they are registered for the Canada Child Benefit, GST/HST credit, or the CCR.
  • You must have filed your income tax return for the previous tax year.
  • Your Income: The CCR is designed to provide greater support to low- and middle-income earners. Here’s a breakdown of how income thresholds affect your rebate:
  • Individuals:
    • Those with a net income below a specific threshold (around $49,143 for the 2023 tax year) will receive the full CCR amount for their province.
    • As your income increases above the threshold, the amount you receive gradually decreases.
  • Families:
    • The income threshold for receiving the full rebate is higher for families to account for more household members.
    • Similar to individuals, the CCR amount for families also decreases gradually as their income surpasses the threshold.

Canada Carbon Rebate (CCR) Payment Dates 2024

CCR Increase 2024

The CCR is distributed four times a year through direct deposit or cheque. Here’s a breakdown of the payment dates:

  • First Payment: April 15, 2024
  • Second Payment: July 15, 2024
  • Third Payment: October 15, 2024
  • Fourth Payment: January 15, 2025
  • If the 15th falls on a weekend or statutory holiday, the payment will be issued on the last business day before that date.
  • To ensure you receive the first payment on April 15, 2024, you must file your income tax return electronically by March 15, 2024.
  • If you file after this deadline, your first CCR payment will be included in a subsequent payment after your return is processed.

Carbon Tax Rebate Amounts in Canada

The rebate varies depending on your income and family circumstances.

Individual Rebates:

  • Those with income below approximately $49,143 for 2023 receive the full rebate.
  • The rebate gradually decreases as income surpasses this threshold.

Family Rebates:

  • Families have a higher income threshold for the full rebate, accommodating additional household members.
  • Similar to individuals, the rebate decreases with rising income.

Average Rebates (2024):

  • The government offers average rebate figures for reference, but actual amounts can differ based on individual situations:
  •  Average Individual Rebate: $1,056
  •  Qualified Households: $1,779 (potentially more than two adults)
  •  Alberta Family of Four: $1,800 (distributed quarterly as $450 per payment)

Factors Affecting CCR Amount 2024

Here are the key factors affecting your Canada Carbon Rebate (CCR) in 2024:

Province of Residence:

  • Each province has a different level of federal pollution pricing. This directly impacts the base CCR amount you receive. 
  • For example, provinces with higher pollution pricing will have a larger base CCR amount.

Income Level:

The CCR is designed to support low- and middle-income earners. There are specific income thresholds for individuals and families.

  • Those with income below the threshold receive the full base amount for their province.
  • As your income increases above the threshold, the CCR amount gradually decreases.

Rural Residency:

  • There’s a 20% rural supplement increase to the base CCR amount for residents of small and rural communities in 2024 (pending Royal Assent). 
  • This means if you qualify as a rural resident, your CCR payment will be 20% higher than the base amount for your province.

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