A single person in Ontario can get up to $122 each quarter.
Did you know that the Canada Revenue Agency makes quarterly Climate Action Incentive payments to many Canadians over the age of 19?
The CAIP is a federal program that helps individuals and families with the cost of the government’s pollution pricing. Here’s what you need to know: Who is eligible? What do you need to do to receive CAIP? To get the payment, you must file your tax and benefit return every year. If you’ve filed your taxes, you don’t need to apply for the program. The CRA will automatically determine your eligibility.Participating provinces Since July 2022, residents of Alberta, Saskatchewan, Manitoba and Ontario have been receiving these tax-free payments.
In July 2023, residents of Newfoundland and Labrador, Nova Scotia and Prince Edward Island received their first payment. Residents of New Brunswick will follow suit and receive their first payment in October 2023. Payments are issued on a quarterly basis with the next two coming out October 15, 2023 and January 15, 2024.How much will you get? The base amount of each province is different ranging from $122 for a single person in Ontario to $193 for a single person in Alberta.
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