Check your bank account balance on Tuesday - the day the Canada Carbon Rebate funds from the federal government get paid out

By Staff

October 12th, 2024

BURLINGTON, ON

This from a federal government department.

Exciting news: Tuesday is the day Canada Carbon rebate goes out, and this is one of the largest ever!

While the “carbon tax” gets a lot of negative attention, the rebate is good news for everyone.

For an Ontario family of 4 the estimated quarterly payment is estimated at $280.00

The total payment (4 quarterly payments) from April 2024 to January 2025 is estimated at $1120.00

But that’s not all:

    • The government is doubling the top-up for rural residents from 10% to 20%.
    • This is the first time, Canadians living outside major cities are getting double the rural supplement: – not only did we double the Rural Top-Up, but we are double-doubling the Rural Top-Up cheques to cover April and July payments.

The new Canada Carbon Rebate for Small Businesses has been announced and will deliver over $2.5 billion to about 600,000 Canadian businesses before the end of this year (December 16th if registered for direct deposit and December 31st if receiving payment by cheque).

In Ontario, $509.3 million are going to be returned to small and medium sized businesses for 2023-2024

It is $146.00 per employee for the Canada Carbon Rebate for small businesses

And finally, all major financial institutions will now start to clearly identify quarterly direct deposits of carbon tax rebate as the “Canada Carbon Rebate”.

The Government is taking real action to both fight climate change and put more money back in the pockets of middle-class Canadians.

Pierre Poilievre likes to talk and repeat “Axe the tax”, but he will never talk about the rebates, which keep getting bigger and bigger.

Ontarians need to know more about this.

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7 comments to Check your bank account balance on Tuesday – the day the Canada Carbon Rebate funds from the federal government get paid out

  • Robert Whittaker

    Hidden tax layered upon layer on everything. So this is nonsense. $210 rebate ? Water and Electric utilities for a small bungalow north of $3000 for two retired adults with a garanteed property tax hike. Take a hard look at your natural gas bill for a shock. Remember – a pound of butter can hit $8 or more. Question ? Where does this carbon tax money go and let’s not to forget the “Green Slush Fund,” to Liberal buddies or who the real Randy is .

  • David

    A question that I can’t seem to get an answer to is whether employees who receive COLA (cost of living allowance) based on the consumer price index, which, not only includes everything that’s inflationary but also includes tax increases, would it not be the case that those workers are double dipping when they receive their carbon tax credit payment? anyone know?

  • Phil W

    Congratulations residents of Burlington, you get a rebate cheque on Tuesday. In my case, it will amount to $140 of TAX MONEY I HAVE ALREADY PAID.

    And how much did I pay? Plenty. Not only did I pay the carbon tax at the pump PLUS HST on the carbon tax(which I don’t get rebated) but I also pay Carbon Tax II PLUS HST on carbon tax II (neither of which get rebated). Altogether I estimate that carbon taxes + HST on those taxes account for at least 20% of each gasoline purchase that I make. In addition, my Enbridge bill shows that I pay approximately 27% of my home heating costs in carbon tax + HST on the carbon tax. These are the DIRECT CARBON TAXES (including HST) that I pay.

    But wait–I’m not finished. I also pay INDIRECT CARBON TAXES on all other goods and services that I purchase as business passes on this increased cost of operations in the form of higher prices. Even the City passes on their carbon taxes in the form of higher property taxes.

    So when you get that rebate of YOUR TAXES on Tuesday, just remember how much you paid to get the rebate.

  • Bob

    Not one Liberal has been able to explain to me how taxing me X amount of dollars, then returning the same dollars and if I’m gullible enough to believe it’s more than I’ve paid in a rebate, how is that incentivizing me to go green?

    Whether Pollievre axes the tax or Trudeau keeps it please explain how it stops people from using carbon? If this government was serious about climate change our Prime Minister would ground his plane and use Zoom to do his job like the 100’s of thousands of civil servants this government has hired do.

  • Charles Joseph Zach

    So I get my own money back that the government stole from me.

  • David

    By Ray Rivers
    September 29th, 2024
    (I had a phone call earlier in the week from a Tory campaigner whose first utterance was that I should support Mr. Poilievre because as prime minister he will axe the tax.  I politely pointed out that I drive an electric car and that carbon credit deposit the government sends to my bank account each quarter helps to pay it off.  That is why we have carbon pricing right?)
    No wrong, I drive a honking great 5.7-litre 8-cyl SUV. I’m retired, so I don’t spend that much on gas, so my rebate check is coming to me off the backs of the poor working-class slobs who not only have to drive to work but can’t afford an electric vehicle, I neither need nor want any part of this money.(Bet you don’t print this)