Why Ontarians might get money from the federal government this week

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Why Ontarians might get money from the federal government this week
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Many Ontario tax filers will be getting a payment from the federal government this week. Here's why

is set to be issued on July 15 along with a retroactive payment for April.

The CAIP is a tax-free payment created to help offset the cost of the federal pollution pricing. This follows the federal government’s 2019 move to establish a nationalIn the past, CAIP was handed out as a refundable credit claimed on an annual basis, but as of this month, the government has pivoted to quarterly installments.The amount residents receive depends on their family situation and the province they live in.

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