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Climate Action Incentive Payment Dates For 2023

Posted by Seasonal Questions on Friday, July 14, 2023


Climate Action Incentive Payment Dates For 2023

The Climate Action Incentive Payments are paid every quarter. The payment dates for 2023 are as follows: January 13, 2023; April 14, 2023; July 14, 2023; and October 13, 2023 . The payments increase slightly each year but are not relative to your income .

The Climate Action Incentive Payment (CAIP) is a refundable tax credit that is paid to eligible individuals and families who live in provinces that have not implemented their own carbon pricing system . The CAIP is designed to help offset the cost of the federal carbon pricing system .

The amount of the CAIP you receive depends on several factors, including your province of residence and the number of people in your household [^1^

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