The Climate Action Incentive Program is a Canadian federal government program that provides funding to eligible households and businesses. It exists in provinces and territories that have adopted the Pan-Canadian Framework on Clean Growth and Climate Change. The funding helps offset the increased costs of complying with the carbon pricing system. That system was implemented in these jurisdictions starting in 2019.
The 2018 budget introduced The first Climate Action Incentive Program. In its first iteration, it provided $155 million per year to households and businesses. This included up to $100 million for households, up to $40 million for small and medium-sized businesses, and up to $10 million for Indigenous communities.
The Canada Revenue Agency delivered the program.
The program expanded in scope and funding since it was first introduced. In 2019, the program expanded to provide up to $170 million per year to households and businesses, including up to $50 million for small and medium-sized businesses, and up to $10 million for Indigenous communities.
For the reference year 2021 (2022 payments), the payments reached between $373 (Ontario) and $539 (Alberta) for individuals. The payments are between $186 (ON) and $270 (AB) for a spouse or common-law partner. $93 (ON) to $138 (SK) was offered per child under 19. Finally, the amount was $186 (ON) to $275 (SK) per first child in a single-parent family.
Climate Action Incentive Payment Amounts & Dates For 2023-2024
Once your tax return is filed for 2022, the Climate Action Incentive Program will give the following amounts. Bear in mind that people living in rural areas have a 10% supplement. The PEI amounts include them, as everyone in the province is eligible. We have reviewed and broken down the amounts per date and per province below:
Alberta CAIP Payments:
- First Adult: $193 per quarterly payment amounting to $772 per year.
- Second Adult: $93.50 per quarterly payment amounting to $386 per year.
- Each Child: $48.25 per quarterly payment amounting to $193 per year.
- Family Of 4: $386 per quarterly payment amounting to $1,544 per year.
- 4 Payments: April 1, 2023, July 1, 2023, October 1, 2023 and January 1, 2024
Manitoba CAIP Payments:
- First Adult: $132 per quarterly payment amounting to $528 per year.
- Second Adult: $66 per quarterly payment amounting to $264 per year.
- Each Child: $33 per quarterly payment amounting to $132 per year.
- Family Of 4: $264 per quarterly payment amounting to $1,056 per year.
- 4 Payments: April 1, 2023, July 1, 2023, October 1, 2023 and January 1, 2024
Ontario CAIP Payments:
- First Adult: $122 per quarterly payment amounting to $488 per year.
- Second Adult: $61 per quarterly payment amounting to $244 per year.
- Each Child: $30.5 per quarterly payment amounting to $122 per year.
- Family Of 4: $244 per quarterly payment amounting to $976 per year.
- 4 Payments: April 1, 2023, July 1, 2023, October 1, 2023 and January 1, 2024
Saskatchewan CAIP Payments:
- First Adult: $170 per quarterly payment amounting to $680 per year.
- Second Adult: $85 per quarterly payment amounting to $340 per year.
- Each Child: $42.5 per quarterly payment amounting to $170 per year.
- Family Of 4: $340 per quarterly payment amounting to $1,360 per year.
- 4 Payments: April 1, 2023, July 1, 2023, October 1, 2023 and January 1, 2024
Newfoundland CAIP Payments:
- First Adult: $164 per quarterly payment amounting to $656 per year.
- Second Adult: $82 per quarterly payment amounting to $328 per year.
- Each Child: $41 per quarterly payment amounting to $164 per year.
- Family Of 4: $328 per quarterly payment amounting to $1,312 per year.
- 3 Payments: July 1, 2023, October 1, 2023 and January 1, 2024
Nova Scotia CAIP Payments:
- First Adult: $124 per quarterly payment amounting to $496 per year.
- Second Adult: $62 per quarterly payment amounting to $248 per year.
- Each Child: $31 per quarterly payment amounting to $124 per year.
- Family Of 4: $248 per quarterly payment amounting to $992 per year.
- 3 Payments: July 1, 2023, October 1, 2023 and January 1, 2024
Prince Edward Island CAIP Payments:
- First Adult: $120 per quarterly payment amounting to $480 per year.
- Second Adult: $60 per quarterly payment amounting to $240 per year.
- Each Child: $30 per quarterly payment amounting to $120 per year.
- Family Of 4: $240 per quarterly payment amounting to $960 per year.
- 3 Payments: July 1, 2023, October 1, 2023 and January 1, 2024
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