Canada's carbon pricing and rebate system makes life more affordable for Canadians while cutting pollution. As part of Canada's climate plan, which is steering the country toward our climate goals, carbon pricing is helping to cut millions of tonnes of pollution overall and support the investment of billions of dollars into a cleaner economy, creating good jobs in communities from coast-to-coast-to-coast.
Today, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, announced that households in provinces which use the federal carbon pricing system will receive their latest quarterly Canada Carbon Rebate payment.
An average family of four will receive a payment in the amount of:
- $450 in Alberta
- $376 in Saskatchewan
- $300 in Manitoba
- $280 in Ontario
- $190 in New Brunswick
- $206 in Nova Scotia
- $220 in Prince Edward Island
- $298 in Newfoundland and Labrador
Residents of small and rural communities receive an extra 20% supplement beyond the base rebate amount, in recognition of the increased energy needs of rural residents and their reduced access to cleaner transportation options.
The best part of the Canada Carbon Rebate is that Canadians receive the same amount as everyone else in their province, which means those who pollute less benefit more from the rebate.
The majority of households receive more money back through the rebate than they pay, as a result of the federal fuel charge system. Because low- and middle-income households typically spend less on higher-polluting transportation and heating systems, they benefit the most from the rebate payments.
Canada's approach to carbon pricing has no significant impact on inflation or the cost of living. In fact, a recent study from the Institute for Research on Public Policy suggests that, contrary to popular belief, emissions pricing isn't driving Canada's affordability challenges. Instead, most price increases for everyday essentials and consumer goods are due to global factors, like surging energy prices and supply-chain disruptions.
Canada's price on pollution is working. When it comes to meeting Canada's goals, pollution pricing alone will contribute as much as one-third of Canada's emissions reductions in 2030 while incentivizing job-creating greener investments in communities. As of today, emissions are trending down, while the economy grows and jobs and wages are up.
