British Columbia increases Climate Action Tax Credit payments, targeting 80% coverage by 2030.
British Columbia's government distributes larger Climate Action Tax Credit payments, with 65% of residents receiving money, aiming for 80% by 2030. Payments for a family of four increased from $890 to $1,005, and individuals' increased from $447 to $504. The credit offsets carbon taxes affecting low- and moderate-income families, with 100% of the 2024-25 carbon tax revenue allocated to the credit.
July 07, 2024
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