Eligible Ontarians can expect carbon tax rebates on Friday. Here’s what you need to know

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Eligible Ontarians can expect carbon tax rebates on Friday. Here’s what you need to know
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Torontonians might notice a little extra money in their bank accounts on Friday as they receive the first instalment of the federal government’s Climate Action Incentive Payment. Here’s what you need to know about the program:

Torontonians might notice a little extra money in their bank accounts on Friday as they receive the first instalment of the federal government’s Climate Action Incentive Payment ., the Canadian Revenue Agency said on Twitter. The CRA added further payments will come on Oct. 15, and Jan. 15.

If you are a single parent, your first child may be eligible to be in the common-law/spouse category.Annually, Revenue Canada says a family of four could receive rebate amounts up to $745. Ontario spouses, common-law partners, and first children in single-parent families can expect to receive $93 on Friday, another payment of $46.50 in October 2022, then $46.50 in January next year, for a total annual rebate amount of $186.

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