First pollution pricing rebate of the year
Jan. 12, 2024
Global Korean Post
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Today, Environment and Climate Change Canada announced that Eligible Canadian residents to receive their first pollution pricing rebate of the year.
On January 15, 2024, people living in provinces where the federal fuel charge applies will receive their first pollution pricing rebate of the year through direct bank deposit or by cheque. This means a family of four will receive a pollution price rebate, called the Climate Action Incentive payment, in the following amounts:
- $386 in Alberta
- $264 in Manitoba
- $184 in New Brunswick
- $328 in Newfoundland and Labrador
- $248 in Nova Scotia
- $244 in Ontario
- $240 in Prince Edward Island
- $340 in Saskatchewan
Eight out of 10 households receive more money back through the pollution price rebate than they pay as a result of the federal pollution pricing system, with low- and middle-income households benefitting the most.
Residents of small and rural communities receive an extra 10 percent supplement beyond the base rebate amount. As of April 2024, the Government will double the rural supplement to 20 percent, in recognition of the increased energy needs of rural residents and their reduced access to cleaner transportation options.
As 2024 kicks off, the Government of Canada reiterates its commitment to pollution pricing and its crucial role in meeting targets to cut emissions by 40 percent below 2005 levels by 2030 and achieve net-zero emissions by 2050. Estimates show that pollution pricing will contribute about a third of the total reductions in emissions that will occur between now and 2030. Putting a price on pollution and returning the proceeds to eligible Canadians through rebates provides support for individuals and families while also maintaining an incentive to reduce emissions.
