Albertans who filed their 2021 tax return got extra cash in their bank accounts Friday morning, as the carbon tax rebate was deposited.
This marks the first payment of the Climate Action Incentive Payment (CAIP) to help people and families offset the cost of federal pollution pricing.
The payment depends on the family situation, and differs from one province to another as it is available to residents of Alberta, Saskatchewan, Manitoba, and Ontario.
CAIP includes a basic payment, and a supplement payment of 10 per cent paid to Canadians in small and rural communities.
The government says CAIP will now be paid quarterly starting of July 2022.
In Alberta, single adults have received just under $270, while a family of four received just under $540.
The Alberta program will give a yearly payment of $539 for a single adult, $270 for a spouse or common-law partner, $135 per child under 19, and $270 for the first child in a single-parent family.
Today’s payment is double the quarterly payment as it covers the first two quarters of 2022.
Eligible people will automatically receive their CAIP four times a year.
The other two payments will be sent in October and January.