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Canada Carbon Rebate Amounts

This pause provides more time and financial support for households using home heating oil to switch to heat pumps, and is estimated to save a Canadian household using 1,500 litres of home heating oil $261 in 2023-24;.

Department of Finance Canada announced Canada Carbon Rebate amounts for 2024-25.

The rebate is paid quarterly and returns federal fuel-charge proceeds to eligible households in provinces where the federal fuel charge applies.

The release listed province-by-province quarterly amounts for a family of four, with different totals for Alberta, Manitoba, Ontario, Saskatchewan, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador.

Making the average heat pump free to help low- to median-income Canadians switch off of home heating oil, in provinces and territories that have agreed to support the delivery of enhanced federal Oil to Heat Pump Affordability grants of up to $15,000, in addition to up to $5,000 in provincial or territorial grants.

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Filed under Infrastructure. Source type: primary official material.

Infrastructure business support financial stability legislation Finance Canada rebate department of finance carbon rebate canada carbon rebate income

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