Canada's second carbon tax subsidy payment

The second part of this year's carbon tax subsidy will be deposited or mailed to millions of families on Monday, July 15. According to Canadian media reports, Canada's carbon tax subsidy will provide 90 percent of the income from the carbon tax to families in eight provinces. British Columbia and Quebec have separate carbon tax systems, so people in those provinces do not receive this federal subsidy.

This subsidy is paid in four installments throughout the year and is based on family size and the province where people live, for example a family of four will receive between $190 and $450.

Provinces that use more fossil fuels for electricity generation have a higher carbon subsidy because these consumers pay more for the carbon tax.

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