Ottawa, eastern Ontario residents surprised by carbon tax rebate cheque from the federal government
Residents of Ottawa and eastern Ontario checking their bank accounts Friday were surprised to see a payment from the Canada Revenue Agency.
For some, it was hundreds of dollars and it is the first payment of the federal government's carbon tax rebate.
"It's nice to have, helps pay for the groceries and driving the car around," said Ottawa resident Reg Woods, who’s rebate was directly deposited into his bank account.
"When I do gas up at $1.80 or a $1.90 it's nice to know I've received that money back."
The climate action incentive is a rebate payment on the carbon tax from the federal government paid to residents in four provinces. including Ontario.
The payment is based on the number of family members in your household.
For example, a family of four would receive $373 for the first adult, $186 for the second, and $93 for each child – per year.
The money will be paid on a quarterly basis as of this year, starting with a double payment in July to cover payments for April and July.
"Noticed an amount in our account for $279.50," said Woods.
“And then I get another two payments of $139 dollars each over the next six months."
The federal government says it aims to make sure most households get more money back than they pay in tax but the Canadian Taxpayers Federation calls it magic math.
"Canadians do need relief from this inflation but the government is pulling a fast one on Canadians. They'd save more money if the government just scraped it's carbon tax," said Franco Terrazzano, federal director of the Canadian Taxpayers Federation. "The parliamentary budget officer’s own numbers show that the carbon tax is going to cost more than the rebates."
The ford government spent $30 million to fight the federal carbon tax, but it lost the battle at the Supreme Court of Canada.
With inflation soaring, those getting the cheque say every bit helps.
"Comes in handy," said Woods.
CTVNews.ca Top Stories
Trudeau acknowledges charges in Nijjar killing, calls for commitment to democracy
Prime Minister Justin Trudeau has acknowledged the charges laid Friday in relation to the murder of B.C. Sikh activist Hardeep Singh Nijjar.
Pastrnak scores winner, Bruins down Leafs 2-1 in overtime in Game 7
Sheldon Keefe told his players hockey history would remember them one way or another.
No proof man lied to brother about number of kittens born in litter, B.C. tribunal rules
A man was denied a $5,000 payout from his brother after a B.C. tribunal dismissed his claim disputing how many kittens were born in a litter.
Bodies recovered in Mexico likely 2 Australians, 1 American who went missing: officials
Three bodies recovered in an area of Baja California are likely to be those of the two Australians and an American who went missing last weekend during a camping and surfing trip, the state prosecutor’s office said Saturday.
Bombarded with spam texts? Stats show the problem is getting worse in Canada
In particular, messages that involve phishing — an attack where a scammer tries to trick the recipient into clicking a malicious link, downloading malware or sharing sensitive information — are on the rise.
Trudeau 'absolutely' best person to lead the Liberals in next election: LeBlanc says
Cabinet minister Dominic LeBlanc insists he's not planning a leadership campaign to head the Liberal party, should current leader and Prime Minister Justin Trudeau resign, seemingly quashing rumours he's planning to make a move for his boss' job.
Princess Anne lays wreath at B.C. veteran's cemetery; receives 21-gun salute
Princess Anne paid tribute to veterans buried at a cemetery in British Columbia today, laying a wreath to honour the more than 2,500 military personnel and family members buried there.
A driver dies after crashing into a security barrier around the White House complex, authorities say
A driver died after a vehicle crashed into an outer perimeter gate of the White House complex, and the incident late Saturday was being investigated as a traffic crash, police said. U.S. President Joe Biden was spending the weekend in Delaware, and the Secret Service said there was no threat to the White House.
Warren Buffett says AI may be better for scammers than society. And he's seen how
Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become "the growth industry of all time."