Canadians living in jurisdictions that don’t have carbon pricing policies of their own receive federal benefit payments to compensate for higher prices.
If you get your tax return by direct deposit, you will receive the CAIP the same way.
At $50 per tonne of emissions, the year’s increase to the carbon tax amounts to a spike of 2.21 cents per litre of gasoline and 2.68 cents per litre of diesel.
Federal Conservatives have frequently opposed carbon pricing.
The government says it returns 90 per cent of the money it collects through carbon pricing to consumers.
Farmers in particular complain the rebate doesn’t account for the increased cost of fertilizer and of transporting their harvests to market.
Most of those emissions came not from burning fuel but from other sources, like methane emanating from livestock and fertilizers.
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