Noticed a new payment? Some Canadians get first carbon rebate
CTV
Many Canadians found a message from the Canada Revenue Agency this week as they received their first direct deposit for the Canada Carbon Rebate.
If you see the Canada Revenue Agency (CRA) in your inbox this week, it might be with good news.
As of Monday, many Canadians' first round of direct deposits for the Canada Carbon Rebate (CCR) have begun to arrive. The quarterly payments are designed to offset the cost of levies on greenhouse gas emissions, themselves meant to disincentivise the use of fossil fuels.
Depending on the recipient's choice of bank, deposits may be listed as a CCR, or under their former name of the Climate Action Incentive Payment.
Deposits are typically scheduled for the 15th of each April, July, October and January for eligible Canadians who filed their annual taxes before March 15. Those who filed later in the year can expect their first deposit six to eight weeks after their tax return has been assessed, according to the CRA.
The amount of each deposit varies by province. Base amounts for individuals range from $95 in New Brunswick to $225 in Alberta, and residents of regions including Quebec, British Columbia and the Territories are not eligible for the rebate at all.
Rural residents, as well as those with a spouse, common-law partner or children, qualify for additional supplements.
Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec — though hundreds of millions of taxpayer dollars invested in the parent company could be lost.
A popular series of Murphy beds that had been sold online is under a recall in Canada and the U.S. after several reported instances of the furniture detaching from walls.
Even though sales of electric vehicles aren't growing as fast as in past years and President-elect Donald Trump may ditch tax credits for EV buyers, automakers are moving ahead with new models that should appeal to mainstream buyers.
Countries of the world took turns rejecting a new but vague draft text released early Thursday which attempts to form the spine of any deal reached at United Nations climate talks on money for developing countries to transition to clean energy and adapt to climate change.
The Canadian Space Agency (CSA) is inviting Canadians to choose the name of the first Canadian Lunar Rover.
A Dallas anesthesiologist was sentenced Wednesday to 190 years in prison for injecting a nerve-blocking agent and other drugs into bags of intravenous fluid at a surgical center where he worked, leading to the death of a coworker and causing cardiac emergencies for several patients.
CTVNews.ca wants to hear from digital nomads who have taken up location-independent jobs and can work from anywhere with an internet connection.
In Canada a car is stolen every six minutes, though some vehicles are more sought after than others.
A major storm swept across the northwest U.S., battering the region with strong winds and rain, causing widespread power outages and downing trees that killed at least one person.
SpaceX on Tuesday launched another Starship rocket, but passed up catching the booster with giant mechanical arms.
Caring for a senior pet is no walk in the park, especially when the pet can't walk at all. A Colorado woman was shocked to find her dog's wheelchair missing from the porch Tuesday morning