rebate https://canadianriley.com Canadian Riley From Parliament to You Independent Political News Blog Sun, 04 Jun 2023 02:42:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://i0.wp.com/canadianriley.com/wp-content/uploads/2022/06/cropped-canadian-riley.png?fit=32%2C32&ssl=1 rebate https://canadianriley.com 32 32 214541444 Albertans to Receive First Carbon Tax Rebate This Week https://canadianriley.com/albertans-to-receive-first-carbon-tax-rebate-this-week/ https://canadianriley.com/albertans-to-receive-first-carbon-tax-rebate-this-week/?noamp=mobile#respond Sat, 16 Jul 2022 01:18:47 +0000 https://canadianriley.com/?p=1391 Residents of Alberta, Saskatchewan, Manitoba and Ontario are getting paid to help offset Ottawa’s carbon tax. Under the Liberal government’s carbon pollution pricing system, a price is imposed on provinces that do not have their own system which meets the federal benchmark—specifically Alberta, Ontario, Manitoba, and Saskatchewan.

Today the federal government releases the first batch of 2022 carbon tax returns to Albertans, according to the Canadian Taxpayers Federation (CTF).

Individuals and lower income families will likely benefit from the carbon tax rebates. However; the carbon taxes are potentially crippling for farmers, and other commercial operations that are forced to pay thousands into carbon taxes while trying to maintain profitability.

For individuals and families the CTF estimates that from 2022 to 2030, the carbon tax will cost the average household a net total of $13,041 in Alberta, $8,091 in Saskatchewan, $8,059 in Ontario, and $6,439 in Manitoba.

The first round of the quarterly-based Climate Action Incentive (CAI) rebate starts with a “double-up” payment that returns proceeds from the first two quarters of the 2022-2023 fuel charge year. Two further single-quarter payments will be released in October 2022 and January 2023.

Single adults will receive $269.50. For a couple, or in the case of a single parent, the first adult or the single parent will also receive $269.50, while the second adult in the couple or the first child of the single parent will receive $135.

Additional children under 18—starting with the second child in the case of single parents—will receive $67.50 each.

The Federal government says the incentive payments mean 80% of families will be better off financially compared to what they pay in carbon taxes.

However, the parliamentary budget officer says when the total impact of Trudeau’s carbon tax on the economy is considered, 60% of families are left worse off.

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Liberals Feeling the Inflationary Heat in HOC! Inflation is So Bad That Both the NDP and the Conservatives are Grilling the Liberals https://canadianriley.com/liberals-feeling-the-inflationary-heat-in-hoc-inflation-is-so-bad-that-both-the-ndp-and-the-conservatives-are-grilling-the-liberals/ https://canadianriley.com/liberals-feeling-the-inflationary-heat-in-hoc-inflation-is-so-bad-that-both-the-ndp-and-the-conservatives-are-grilling-the-liberals/?noamp=mobile#respond Tue, 21 Jun 2022 21:45:17 +0000 https://canadianriley.com/?p=774 Liberals Feeling the Inflationary Heat in HOC! Inflation is So Bad That Both the NDP and the Conservatives are Grilling the Liberals. The Finance Minister must be wearing industrial grade noise cancelling earphones to avoid hearing the calls from economist to Qatar government’s over the top spending. She knows that it’s only adding gas to the inflationary fire. The Prime Minister has said that anything that has a hint of fiscal risk considering restraint he is austerity. He acts Bill Morneau for wanting to get COVID Post COVID spending under control is she worried that if she presents anything to the prime minister that remotely resembles a cat that she might suffer the same fate of her predecessor, who went from finance minister more no to finance minister.

“They keep talking about things that they were doing or should have been doing before inflation struck. The fact is, Canadians are worried about losing their homes. They’re worried about feeding their families.”

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