By Rosalind Russell – You’ll be getting a bit more from the federal government next year.
The feds are raising Climate Action Incentive Payments to Canadians.
In Ontario, single adults without children can expect four-hundred-and-eighty-eight dollars between April of 2023 and January of 2024, with a family of four getting nine-hundred-and-seventy-six, about a thirty percent increase than this year.
Canadians automatically qualify for the payment when filing their annual income tax return.
The money comes out of a federal program which charges organizations for the pollution they create, with ninety percent of proceeds returning to citizens’ pockets and the rest going to small businesses and Indigenous groups.
Photo: The federal government is increasing carbon tax payments for all Canadians. Photo provided by Government of Canada
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