Many People In Ontario Are Receiving Money From The Federal Government This Week

This is because the first installment of the Climate Action Incentive Payment (CAIP) is due to be issued on 15 July along with a retrospective payment for April.
CAIP is a tax-free payment created to help offset the costs of federal pollution pricing.  This follows the federal government’s move in 2019 to set a national price on carbon pollution.
In the past, CAIP was granted as a refundable credit claimed on an annual basis, but from this month, the government switched to quarterly installments.
Payment is only available to people living in Ontario, Alberta, Saskatchewan and Manitoba.
The amount residents receive depends on their marital status and the province in which they live.
In Ontario, the program provides an annual credit of:


	$373 for one person  		$186 for a spouse or common-law partner  		$93 per child under 19  		$186 for the first child in a single-parent family 


There is also a rural supplement of 10 percent of the basic amount for residents of small and rural communities.
Residents do not need to apply for CAIP.  Instead, the Canada Revenue Agency (CRA) will determine who is eligible based on their income taxes and benefit returns.
To receive CAIP payments, income taxes and benefit returns must be filed each year.