CCR October Payment Dates 2024 : Canada Carbon Rebate (CCR) Payment Dates 2024
The Canada Carbon Rebate (CCR) is a financial program by the Canadian government. It helps Canadians offset the rising costs due to the federal carbon pricing plan. The payment is tax-free and issued quarterly. It aims to make the transition to a lower-carbon economy easier for individuals and families.
| Name Of Aids | Canada Carbon Rebate |
| Article Type | Finance |
| Name Of Article | CCR October Payment Dates 2024 |
| Official Site | https://www.canada.ca/ |
| Payment Month | October |
The Canada Carbon Rebate (CCR) is part of Canada’s climate change strategy, aimed at helping households offset the costs associated with the federal carbon pricing system. Here’s a detailed overview of the CCR, including eligibility, payment amounts, and important dates.
What is the Canada Carbon Rebate (CCR)?
The CCR provides financial support to Canadian households to help alleviate the financial burden of carbon pricing. The rebate is designed to return a portion of the revenue generated from carbon pricing back to families, promoting environmental sustainability while ensuring affordability.
Eligibility Criteria
To qualify for the CCR, you must:
- Be a resident of Canada.
- Be a Canadian citizen, permanent resident, or a protected person.
- File an income tax return for the previous year.
- Meet certain income thresholds to determine the rebate amount.
Payment Amounts
The amount of the carbon rebate varies based on household size and income. As of 2024, the approximate annual rebate amounts are:
- Single individuals: Up to $600.
- Couples: Up to $1,200.
- Children under 18: An additional $150 per child.
These amounts can change based on income and provincial policies, and the rebate is designed to increase annually to account for inflation.
| CCR Payment Dates | Weekday |
| January 15, 2024 | Monday |
| April 15, 2024 | Monday |
| July 15, 2024 | Monday |
| October 15, 2024 | Tuesday |