Canadians who filed their 2023 taxes are likely wondering when they’ll receive their Canada Carbon Rebate (CCR), previously known as the Climate Action Incentive (CAI) payment. This helpful guide sorts through the details and clarifies the timeline for receiving your rebate.
Important Update: The Rebate Has a New Name!
As of 2024, the Canadian government renamed the Climate Action Incentive to the Canada Carbon Rebate (CCR). While the function remains the same – offsetting the cost of federal carbon pricing – the terminology has changed. Don’t be surprised if you see “Canada Carbon Rebate” on your official documents or receive the deposit with this new label.
When to Expect Your 2023 Rebate
The Canada Carbon Rebate is no longer claimed on your tax return. Instead, it’s distributed quarterly throughout the year. The specific payment dates depend on when you filed your 2023 taxes:
- Filed by March 15, 2024: You should receive your first CCR payment in April 2024 and subsequent payments in July, October, and January 2025.
- Filed after March 15, 2024: The first payment typically arrives 6-8 weeks after your return is processed. Expect subsequent payments on the regular quarterly schedule (July, October, January).
How to Track Your Rebate
You can easily track your CCR payments through the Canada Revenue Agency’s (CRA) My Account service. Here, you can view your payment history and estimated future amounts.
Not Sure If You’re Eligible?
The CRA website provides a clear breakdown of eligibility criteria for the Canada Carbon Rebate. Generally, you’ll qualify if you filed a tax return for 2023 and meet residency requirements.
