Nation

Big Payday Alert: Final Carbon Tax Rebate Payments Hit Accounts Today!

2025-04-22

Author: Jacques

Get ready, Canadians! If you filed your income tax return electronically by April 2, the moment you’ve been waiting for is here: your final carbon rebate payments are starting to roll out today, April 22!

Taxpayers who opted for direct deposit with the Canada Revenue Agency will see the Canada Carbon Rebate (CCR) deposited directly into their bank accounts. If you didn’t sign up for direct deposit, don't worry — your rebate will arrive in the mail as a cheque.

What’s important to note is that for those who filed after the April 2 deadline, rebates will be sent out after their returns are assessed, so hang tight!

This Is Your Final CCR Pay-Out!

Today’s payment is particularly significant as it marks the last CCR Canadians will receive now that consumer carbon pricing has officially ended. The CCR was introduced as part of the federal fuel charge levied on 21 fossil fuels and combustible waste—a key element of former Prime Minister Justin Trudeau's climate policy.

How Much Will You Get?

Residents of ten provinces and territories deemed eligible for the CCR will see varying amounts. Here’s the breakdown for individual recipients:

- **Alberta:** $228

- **Saskatchewan:** $206

- **Manitoba:** $150

- **Ontario:** $151

- **New Brunswick:** $165

- **Nova Scotia:** $110

- **Prince Edward Island:** $110 (includes rural supplement)

- **Newfoundland and Labrador:** $149

And for families of four, here’s what you can expect:

- **Alberta:** $456

- **Saskatchewan:** $412

- **Manitoba:** $300

- **Ontario:** $302

- **New Brunswick:** $330

- **Nova Scotia:** $220

- **Prince Edward Island:** $220 (includes rural supplement)

- **Newfoundland and Labrador:** $298

Timing Sparks Controversy!

Interestingly, the timing of these payments comes just days before the federal election, raising eyebrows. Economists like Robin Boadway from Queen’s University argue that the government should have phased out the rebates alongside the consumer carbon pricing. He stressed that the rebates don’t actually come from carbon tax revenues, leading to questions about their sustainability.

He stated, "People should recognize that this rebate check isn’t truly a rebate since it’s not funded by carbon tax revenues anymore. It feels more like a free handout."

When CTVNews.ca reached out to Finance Canada about these concerns, the response centered on election policy limits, emphasizing that the government’s stance would be clarified after a new Cabinet is in place.

So, as the last CCR payments are sent out, Canadians should keep an eye on their accounts and prepare for the changes ahead. This could be your last chance to cash in on this rebate!