Your bank account might be looking a little bare thanks to holiday shopping, but it will look a little fuller in the New Year, with Canadians receiving a fresh round of the Canada Carbon Rebate in January.

The Canada Carbon Rebate (CCR), formerly the Climate Action Incentive payment, is a tax-free amount that helps individuals and families offset the cost of federal pollution pricing.

Under the federal pollution pricing system, the government puts a price on pollution in regions that do not have their own pricing system.

These regions include Alberta, Saskatchewan, Manitoba, Nova Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island, and Ontario.

To be eligible, residents in those provinces must be at least 19 years old in the month before the Canada Revenue Agency (CRA) makes a payment.

If you are under 19 years old, the government says you must meet at least one of the following conditions to be eligible:

• You have (or had) a spouse or common-law partner
• You are (or were) a parent and live (or lived) with your child

How much will you get from the Canada Carbon Rebate?

You may receive the following CCR payment amounts in January:

• $225 in Alberta
• $150 in Manitoba
• $140 in Ontario
• $188 in Saskatchewan
• $95 in New Brunswick
• $103 in Nova Scotia
• $110 in Prince Edward Island
• $149 in Newfoundland and Labrador

The CCR also includes a 20 per cent supplement for residents of small and rural communities.

The supplement applies only to residents of Alberta, Saskatchewan, Manitoba, Ontario, Newfoundland and Labrador, New Brunswick, and Nova Scotia whose primary residence is outside a Census Metropolitan Area (CMA) and who expect to continue to reside outside the same CMA on April 1, 2024.

All CCR recipients in Prince Edward Island are eligible for the rural supplement, which is included in their basic amount.

Canadians last received a CCR on October 15. The next payment after January 15, 2025, is expected on April 15.