Climate Action Incentive Payment 2024 Release Date & CAIP Amount 

Climate Action Incentive Payment (CAIP) is just around the corner, arriving on January 15th, 2024, providing a helping hand to offset the rising cost of carbon pricing.

Climate Action Incentive Payment 2024

The Climate Action Incentive Payment (CAIP) is a tax-free payment provided to eligible individuals and families to help offset the cost of federal pollution pricing in Canada. 

As of 2024, the CAIP is paid on a quarterly basis, with payment dates set for the 15th of January, April, July, and October. The amount of the payment varies based on factors such as the number of family members and the province of residence.

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The program is designed to benefit low- and middle-income households, with residents of small and rural communities receiving an additional 10% supplement.

CAIP 2024 Eligibility

To qualify for CAI payments, you need to meet the following criteria:

  • Age: Be 19 years of age or older.
  • Tax returns: File an income tax return for the previous year.
  • Social Insurance Number (SIN): Have a valid SIN.
  • Residency: Be a resident of Canada for at least six months of the previous year.
  • Small and rural supplement: Residents of small communities (<10,000 people) located far from large urban centres may receive an additional 10% on top of the basic amount.
  • Children included in your CAIP calculation will increase your overall payment amount.
  • If you share custody of a child with your ex-spouse, each of you may be eligible for 50% of the CAIP amount based on the child’s residency.

CAIP Amount 2024

The CAIP amount you receive depends on two factors:

  • Basic amount: This is a fixed amount based on your province, ranging from approximately $250 to $325 per quarter for a single individual.
  • Small and rural supplement: If you reside in a small or rural community with less than 10,000 residents and are located far from a large urban centre, you may be eligible for an additional 10% supplement on top of the basic amount.
Province/Territory Payment Frequency Individual ($ CAD) Spouse/Partner Child < 19 Single Parent (First Child) Notes
Alberta, Manitoba, Ontario, Saskatchewan Yearly 488 – 772 244 – 386 122 – 193 244 – 386 Includes annual rural supplement if eligible
Newfoundland and Labrador, Nova Scotia, Prince Edward Island (starts July 2023) Quarterly 164 – 224 82 – 112 41 – 53 82 – 112 Rural supplement available after first quarter
New Brunswick Quarterly (double in October) 92 (184 in Oct) 46 23 46 Rural supplement available
British Columbia, Northwest Territories, Nunavut, Yukon Yearly 300 – 325 150 – 162.5 75 – 81.25 150 – 162.5 Rural supplement available

CAIP 2024 Payment Schedule 

January 15, 2024: 

  • Regular CAIP payment for January.

April 15, 2024:

  • Regular CAIP payment for April.
  • Retroactive rural supplement: A lump sum payment covering July 2023 to January 2024 for eligible residents in small and rural communities.
  • Rural supplement payment for April 2024.
  • Second CAIP payment for residents in Alberta, Manitoba,Ontario, and Saskatchewan.

July 15, 2024: 

  • Third CAIP payment for residents in Alberta, Manitoba, Ontario,and Saskatchewan. First CAIP payment for residents in British Columbia, New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island.

October 15, 2024:

  • Fourth CAIP payment for residents in Alberta, Manitoba, Ontario, and Saskatchewan.
  • Second CAIP payment for residents in Newfoundland and Labrador, Nova Scotia, and Prince Edward Island.

How can you apply for CAIP 2024?

No separate application is needed for CAIP, get the details about getting the payment from below.

File your income tax return:

  • When you file your annual income tax return, the Canada Revenue Agency (CRA) automatically assesses your eligibility for the CAIP based on the information you provide.
  • No extra forms or applications are required.

2One claim per household:

  • Only one spouse or common-law partner can claim the CAIP credit per household.
  • The CRA will determine who receives the payment based on which partner files their return first.

Keep filing your returns:

  • To continue receiving CAIP payments, make sure to file your income tax returns on time each year.

Claiming the rural supplement:

  • If you live in a small or rural community and are eligible for the 10% supplement, you’ll need to answer a specific question on page 2 of your income tax return.
  • The supplement is already included in your base amount, so no separate claim is necessary.
  • Ensure to file your return with the question answered and mail it to the tax centre or call for assistance.
  • For couples residing in rural areas, both partners should answer the claim question to avoid delays.

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